Jordan to have crypto currency law by end of the year
A law to allow dealing in crypto currencies in Jordan will be ready before the end of this year, with officials hoping it will spur investment and boost the economy.
The Jordan securities commission (JSC) is working on the new regulations after the cabinet agreed in October to end a ban on crypto trading.
JSC chairman Emad Abu Haltam said the new rules aim to “provide a secure encrypted environment based on transparency and trust.
“These regulations will include a clear framework for licensing brokerage and trading, custody services, platform operation, and financial services for offering and issuing virtual assets, in accordance with standards based on strong technical readiness, governance, working capital, and…
