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Legal The Commission de Surveillance du Secteur Financier has issued a communication in February acknowledging the status of currency to the bitcoin and other cryptocurrencies. While initially portrayed as an 'honest mistake', charges filed by the Securities and Exchange Commission SEC against the firm's founder and former chief executive officer Sam Bankman-Fried claim otherwise. The country does not have any specific laws to regulate cryptocurrency, and Bitcoin along with others generally has to follow the same regulatory framework for other financial products. There is no ban against either Bitcoin or other cryptocurrencies in the country, and the only regulations covering Bitcoin are those that are in place in the entire European Union. Bitrawr Blog Explore an array of articles, reviews, and insights dedicated to unraveling the world of Bitcoin.
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