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Uruguay’s Central Bank intends to regulate cryptocurrencies in the country

RIO DE JANEIRO, BRAZIL - The Central Bank of Uruguay (BCU) announced this week that, in light of the recent increase in the use of cryptocurrencies in the country, market regulation is being assessed. To this end, the government is willing to amend the current laws.

Thus, it confirmed that it is conducting a detailed analysis of "operability" with digital assets. It believes that by the end of this year it could have a proposal to amend the current legal provisions with a clear framework to advance regulations governing these activities.

This will help to better adapt to the introduction of . . .

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