Lower Parliament in Antigua and Barbuda Passed a Cryptocurrency Regulation Bill

On May 27, the lower parliament in Antigua and Barbuda passed a cryptocurrency regulation bill to make the country a digital asset-friendly destination in the Caribbean. The cryptocurrency regulation bill is a regulatory framework known as “The Digital Assets Business Bill 2020,” aimed at regulating cryptocurrency firms operating on the island as well as in protecting both exchanges and their customers. One of the key features of the bill is the compulsory license which every business related to digital assets must obtain to…