Virtual Asset Service Providers
Hong Kong issues warning against digital asset firms claiming to be banks
The Hong Kong Monetary Authority warned Virtual Asset Service Providers against using the term “deposits” to describe funds placed with...
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
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
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
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
The FAIS Ombud will consider and resolve complaints relating to digital assets, but only if they happened after October 19,...
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