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Latest News on Portugal

Portugal is known for its economically innovative approach to cryptocurrencies. The country follows European Union regulations on crypto. 

The Bank of Portugal, as both a central bank and competent national authority for the supervision of credit and payment institutions, is entrusted with supervising and regulating cryptocurrency exchanges and wallet providers.

It ensures compliance with Anti-Money Laundering and Countering the Financing of Terrorism standards. It also creates and enforces registration and licensing requirements for entities operating within the cryptocurrency ecosystem.

Stay informed on all the latest crypto news in Portugal with Cointelegraph.