Friday, 26 April 2019

Since Bitcoin emerged in 2009, its popularity alongside other cryptocurrencies has been on the rise. Cryptocurrencies have grown in terms of trading volume, invested capital and demand. Before investing in cryptocurrencies, many beginners are faced with the challenge of converting their Bitcoin to fiat at the cash out stage.

In its 2018 report, the Administration for the Prevention of Money Laundering of the Serbian Ministry of Finance has identified trends and challenges in the fight against money

laundering, including cash investments in the construction sector and trade in cars, transactions via non-resident accounts, tax evasion and crypto currencies.

A bipartisan group of lawmakers has ratcheted up calls for deregulation of the blockchain industry, as the financial regulator has adopted a conservative attitude toward the easing process due to procedural reasons.

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