Post by account_disabled on Mar 11, 2024 22:27:12 GMT -5
The The principles regarding the issues have been determined. The regulations made by the said Regulation are briefly as follows. Definition of crypto assets and their nonuse in payments In the implementation of the Regulation subject to this Announcement crypto assets are defined as intangible assets that are created virtually using distributed ledger technology or a similar technology and distributed over digital networks but are not qualified as fiat money fiat money electronic money payment instrument securities or other capital market instruments. It is bound by the decision it will express.
Thus while the definition of crypto assets was included in the relevant legislation for the first time crypto assets were described as intangible assets in this definition. This definition is also important Ecuador Mobile Number List as it will be used as the basis for tax applications regarding crypto assets. On the other hand in accordance with the regulation crypto assets cannot be used directly or indirectly in payments and services cannot be provided for their direct or indirect use in payments. Not using crypto assets in providing payment services and issuing electronic money Payment service providers.
It will not be able to develop business models in which crypto assets will be used directly or indirectly in providing payment services and issuance of electronic money and it will not be able to provide any services related to such business models. In addition payment and electronic money institutions cannot mediate platforms that provide trading custody transfer or issuance services for crypto assets or fund transfers from these platforms. Effective date The Regulation subject to this on . . A call was made by KOSGEB for KOBIGEL SME Development Support Program Within the scope of Supporting RD and Innovation and PD Projects in Critical Technologies of Small Enterprises and MediumSized Enterprises Operating in Priority Sectors KOSGEB made a call for project proposals for SMEs operating in the automotive.
Thus while the definition of crypto assets was included in the relevant legislation for the first time crypto assets were described as intangible assets in this definition. This definition is also important Ecuador Mobile Number List as it will be used as the basis for tax applications regarding crypto assets. On the other hand in accordance with the regulation crypto assets cannot be used directly or indirectly in payments and services cannot be provided for their direct or indirect use in payments. Not using crypto assets in providing payment services and issuing electronic money Payment service providers.
It will not be able to develop business models in which crypto assets will be used directly or indirectly in providing payment services and issuance of electronic money and it will not be able to provide any services related to such business models. In addition payment and electronic money institutions cannot mediate platforms that provide trading custody transfer or issuance services for crypto assets or fund transfers from these platforms. Effective date The Regulation subject to this on . . A call was made by KOSGEB for KOBIGEL SME Development Support Program Within the scope of Supporting RD and Innovation and PD Projects in Critical Technologies of Small Enterprises and MediumSized Enterprises Operating in Priority Sectors KOSGEB made a call for project proposals for SMEs operating in the automotive.