Based on Bitcoin.com, Jordan is set to lift its ban on cryptocurrency trading, with the Jordan Securities Commission confirming that a comprehensive digital asset regulatory framework will be ready before the end of the year. The move follows the cabinet’s October decision to end the previous prohibition, which was driven by concerns over risk and money laundering. The new rules will cover licensing for trading, custody, platform operations, and financial services, with only JSC-licensed entities permitted to conduct virtual asset activities. The Central Bank of Jordan may also authorize virtual assets for payment purposes under specific regulations.
Jordan to Lift Crypto Trading Ban, Launch Regulatory Framework by Year-End
Bitcoin.comShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.