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RESOLUTION OF BOARD OF CENTRAL BANK OF THE AZERBAIJAN REPUBLIC

of February 24, 2023 No. 11/1

About approval "Procedure for making of transactions with virtual assets in the Azerbaijan Republic"

Based on article 4.2.3 of the Law of the Azerbaijan Republic "About fight against legalization of the property received in the criminal way, both terrorism financing" and article 22.0.17 of the Law of the Azerbaijan Republic "About the Central bank of the Azerbaijan Republic" the Board of the Central bank of the Azerbaijan Republic DECIDES:

1. Approve "Procedure for making of transactions with virtual assets in the Azerbaijan Republic" it (is applied).

2. Approved by part of 1 this Resolution "Procedure for Making of Transactions with Virtual Assets in the Azerbaijan Republic" becomes effective after acceptance of the regulatory legal acts regulating activities of service providers of virtual asset in the Azerbaijan Republic.

3. Charge to Legal department (Rena Melikova) in 3-day time to provide submission of this Resolution to the Ministry of Justice of the Azerbaijan Republic for entering into the State register of legal acts of the Azerbaijan Republic.

Chairman of the Central bank

Talekh Kazimov

Approved by the Resolution of Board of the Central bank of the Azerbaijan Republic of February 24, 2023, No. 11/1

Procedure for making of transactions with virtual assets in the Azerbaijan Republic

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