Peru is studying crypto exchanges to figure out future laws

Cointelegraph

Published Oct 28, 2020 03:53PM ET

Updated Oct 28, 2020 05:40PM ET

A Peruvian regulator authority said on October 26 that studies currently performed on local crypto exchanges will keep on going despite the COVID-19 pandemic, as the country is looking to find ways to regulate the national crypto industry.

According to local news outlet Gestion, Superintendent of the Financial Intelligence Unit of Peru (UIF) Sergio Espinosa pointed out the need to work out the policy behind cryptocurrencies in the country. Espinosa called it a “priority”:

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