The Commission de Surveillance du Secteur Financier (CSSF), the government body responsible for financial regulation in Luxembourg, has issued a release detailing its treatment of digital currencies as well as its expectations for bitcoin businesses.
Issued on 14 February, the communique included familiar consumer protection warnings, but also featured a unique invitation for interested entrepreneurs.
The CSSF encouraged these individuals to contact its officials about facilitating digital currency-related commerce in the country as a first step toward entering the market, and suggested Luxembourg will operate on a case-by-case basis with its decisions.
March 11, 2014 at 10:20PM
