According to CriptoNoticias, Peru is speeding up AI regulation, but legislation related to Bitcoin and crypto assets remains stalled. The article notes that Bill No. 1042, the “Crypto Asset Commercialization Framework Law” that was intended to establish a registration system for crypto exchanges, has been put on hold in a congressional committee; Peruvian crypto asset lawyer Adolfo Morán said that, at present, Peru does not have a general law governing cryptocurrencies, crypto assets, or the blockchain ecosystem. For now, the clearer regulatory step is requiring exchanges to register as obligated entities with the Financial Intelligence Unit (FIU) under SBS, with regulatory focus still largely on anti-money laundering and risk prevention.

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GateUser-a365d15f
· 3h ago
AI jumps ahead, encryption falls behind, Peru's prioritization is a bit confusing
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EchoesOfRollup
· 3h ago
Lawyer Morán spoke tactfully; in fact, it's a regulatory vacuum.
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GateUser-4d2d061e
· 3h ago
FIU registration is just a formality, with all compliance costs fully passed on to users.
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