Regulatory Alerts2018-07-15
Added · Updated
Circular to Licensed Exchange Companies Regarding Virtual Currencies
The Central Bank of Jordan issued a circular to Licensed Exchange Companies attaching a report from the Egmont Group concerning virtual currencies. The document requires these companies to review the report to identify risks, trends, and methods related to money laundering and terrorist financing in the virtual currency sector. This guidance was distributed on July 15, 2018.
Central Bank of Jordan
Reference No.: 1/9/9477 Date: 14/11/1439 AH Corresponding to: 15/7/2018 AD
Circular to Licensed Exchange Companies
Greetings,
We are attaching herewith a copy of the report issued by the "Egmont Group" regarding virtual currencies, for your review and benefit, and specifically to identify the risks, trends, and methods of money laundering and terrorist financing, as well as the indicators and patterns associated with them in the field of virtual currencies.
Please accept our highest regards.
Governor Dr. Ziad Fariz
P.O. Box 37, Amman 11118 - Jordan Tel: 9/4630301 * Fax: 4638889, 4639730 Website: www.cbj.gov.jo Email: info@cbj.gov.jo