A new bill, presented by Jean-Noël Barrot, Minister for Europe and Foreign Affairs, would expand the exchange of cryptocurrency activity data with 48 nations to curb tax evasion. The bill would allow the automatic exchange of this data with countries outside the EU. France Seeks Automatic Exchange of Crypto Data With New Bill France is […] from Bitcoin News https://ift.tt/XfU5mpq
The new controls include a precautionary 24-hour retention of funds exceeding $10,000 for an individual or aggregate transactions per day, to allow VASPs to conduct a risk analysis of these movements. The bank stressed that these measures are preventive in nature. Central Bank of Brazil Issues 24 Hour Retention Period For $10,000 Transactions The Central […] from Bitcoin News https://ift.tt/Ic9SkQ1