Virtual Asset Service Providers

Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K
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5 January, 2022

Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K

Estonia has been working on new AML laws that the government approved two weeks ago, and they are designed to...
South Korea bans exchange staff from trading their own tokens
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1 October, 2021

South Korea bans exchange staff from trading their own tokens

The Financial Services Commission in South Korea has issued a decree that bars staff members of any digital currency exchange...
Irish digital currency firms now obliged to register with central bank
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30 April, 2021

Irish digital currency firms now obliged to register with central bank

Companies considered to be Virtual Asset Service Providers (VASPs) are now required to adhere to the same rules as other...
South Korea new AML rules for digital currency comes into effect
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26 March, 2021

South Korea new AML rules for digital currency comes into effect

Senior officials in South Korea have approved measures that will introduce a raft of new anti-money laundering provisions for digital...
Philippines issues new FATF-aligned digital currency guidelines
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29 January, 2021

Philippines issues new FATF-aligned digital currency guidelines

The new guidelines include the need to apply for an operating license, the minimum capital for service providers and stringent...
Cayman Islands announces new legal framework for digital currency
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6 November, 2020

Cayman Islands announces new legal framework for digital currency

The British Overseas Territory recently announced the new regime for virtual asset service providers, with the Ministry of Financial Services...
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