RegulationSource: SAMA
Cryptocurrency Services Clarification
Thursday, November 28, 2024
Quick Summary
Clear regulatory position on crypto asset services and licensing requirements
₿
Cryptocurrency Services Clarification
Digital Document
About this Update
SAMA provides guidance on cryptocurrency trading and custody service regulations
SAMA has issued clarifications regarding the regulatory treatment of cryptocurrency-related services in Saudi Arabia.
- Custody services require specific SAMA licensing
- Trading platforms must meet AML/KYC requirements
- Consumer protection measures mandatory
Document Info
StatusPublished
Published Date11/28/2024
SourceSAMA