Cameroon has not yet legislated on crypto currencies and as such, no regulation or framework exists for the use or trade in crypto currencies. Regulation NO.01/11-CEMAC/UMAC/CM is one of the major legal frameworks to regulate electronic payment systems in Cameroon. Other regulations include;
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Law on competition on internal markets in 1998 (NA_CIM, 1998)
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Law on the prescription of minimum services in the communication sector in 2001 (NA_MSC, 2001).
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2010 Law relating to electronic communication (NA_EC,2010)
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2010 Law relating to electronic commerce (NA_eC,2010)
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2010 Law relating to the cyber security and the cyber criminality in Cameroon (NA_CSCC, 2010)
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2011 Law on consumer protection (NA_CP, 2011) Thus blockchain and digital asserts in Cameroon still remain a free market with massive investment opportunities. However, blockchain and digital asserts in Cameroon is subject to the following:
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Sales regulation
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Virtual currency regulation
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Taxation
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Money transmission laws
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Anti-money laundry requirements
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