Albania ploughs ahead with crypto exchange regulation

Euractiv | Oct 6, 2022 at 9:06 AM
  • The Albanian Financial Supervision Authority approved a licensing regime for cryptocurrency exchanges, a first for the region, strengthening a crypto law passed in 2020.
  • Under the licensing regime, DLT exchanges will fit under one of three categories; those that use just digital assets and digital tokens, those that use fiat and virtual currency, and those that trade digital securities.
  • The regulation will also evaluate the company administrator, board of administration, supervisory board, and other key stakeholders.