Regulatory Alerts2018-07-15
Added · Updated
Circular to Licensed Exchange Companies Regarding Virtual Currencies
The Central Bank of Jordan issued this circular to Licensed Exchange Companies to distribute a report from the Egmont Group concerning virtual currencies. The document requires these entities to review the attached material to familiarize themselves with money laundering and terrorist financing risks, trends, and indicators specific to virtual currencies. No new regulatory obligations, thresholds, or effective dates are established in this correspondence.
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 attach herewith a copy of the report issued by the "Egmont Group" regarding virtual currencies, for your review and benefit, and specifically to familiarize yourselves with 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 respect.
Governor Dr. Ziad Fariz