Ecuador's crypto bill stalls in clash with Monetary Board before approval
- —Assembly seeks crypto regulation, but the Monetary Board controls payments
- —No law in place raises the risk of Ecuador landing on the FATF list
- —Dispute centers on dividing powers between parliament and the regulator
Why it matters: The law will determine whether crypto payments are legalized in Ecuador and whether the country avoids FATF sanctions.
Source: CriptoNoticias