Category: Brunei

As we navigate through 2024, the cryptocurrency legislative landscape in Brunei presents a unique blend of cautious regulatory approaches and a budding interest in the potential of digital currencies. Brunei, known for its robust oil and gas economy, has traditionally maintained a conservative stance in financial matters, and this...

Before 2024, the legal landscape for cryptocurrencies in Brunei was marked by caution and a lack of specific regulations. The Autoriti Monetari Brunei Darussalam (AMBD), the central bank of the country, did not officially ban cryptocurrencies. However, it did not recognize them as legal tender either. The stance of...