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virtual asset service providers

Hong Kong Web3 firms splurge millions to snag up operational licenses: report
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3 July, 2023

Hong Kong Web3 firms splurge millions to snag up operational licenses: report

Data shows between $2.55 million and $25.5 million are being shelled out by Web3 firms looking to get a license...
UAE financial regulator wants VASPs register for licenses
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21 April, 2023

UAE financial regulator wants VASPs register for licenses

The Securities and Commodities Authority (SCA) disclosed that all VASPs in the UAE must submit applications for licensing with the...
Canadian securities watchdog passes new rules for VASPs, demands swift compliance
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26 February, 2023

Canadian securities watchdog passes new rules for VASPs, demands swift compliance

To safeguard investors, Canada enhances its regulatory control of VASPs, which includes restricting them from offering stablecoins to customers and...
France adopts softer approach to digital asset regulations
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29 January, 2023

France adopts softer approach to digital asset regulations

Lawmakers in France voted for an amendment that gives VASPs more time to comply with European regulations, overturning a proposed...
South Africa agency tackling financial disputes now takes Bitcoin complaints
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29 January, 2023

South Africa agency tackling financial disputes now takes Bitcoin complaints

The FAIS Ombud will consider and resolve complaints relating to digital assets, but only if they happened after October 19,...
Thailand security regulator issues new guidelines for virtual currency wallet providers
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21 January, 2023

Thailand security regulator issues new guidelines for virtual currency wallet providers

Under the latest regulations, VASPs are mandated to create a digital wallet management system, a framework for securing wallet keys,...
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