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virtual asset service providers

Philippines central bank reminds exchanges to ensure proper risk management measures
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15 December, 2022

Philippines central bank reminds exchanges to ensure proper risk management measures

The central bank’s memo was directed to VASPs involved in the custody of digital assets "to ensure that customers' virtual...
South Korea’s financial watchdog declares support for digital assets amid crackdowns
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12 October, 2022

South Korea’s financial watchdog declares support for digital assets amid crackdowns

It appears that the FSC is making a U-turn and has announced that it will promote the use of digital...
Revolut granted FCA license to offer digital asset services in UK
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30 September, 2022

Revolut granted FCA license to offer digital asset services in UK

Revolut was the only firm on the FCA’s temporary registration regime and is now licensed to offer digital asset trading...
California governor vetoes state’s ‘BitLicense’ bill, calls it premature
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28 September, 2022

California governor vetoes state’s ‘BitLicense’ bill, calls it premature

Gov. Gavin Newsom nixed the bill, which would have created a licensing regime for VASPs similar to New York’s BitLicense,...
Dubai issues new guidelines for digital assets marketing, promotion and advertising
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2 September, 2022

Dubai issues new guidelines for digital assets marketing, promotion and advertising

The VARA rules cover all digital asset-related communications leveraging Dubai-based media sites, search platforms, and publishing channels that target customers...
Philippines demonstrates sustained animosity towards foreign digital exchanges
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23 August, 2022

Philippines demonstrates sustained animosity towards foreign digital exchanges

The Philippine central bank is not closing its doors to developments in digital currency exchanges but remains cautious about the...
Philippines: Virtual Asset Service Provider license applications paused for 3 years
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15 August, 2022

Philippines: Virtual Asset Service Provider license applications paused for 3 years

Firms at Stage 2 of application before Aug 31 will be processed under the move, which is meant to strike...
Thai SEC grants operating licenses to 4 more digital assets firms
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11 August, 2022

Thai SEC grants operating licenses to 4 more digital assets firms

Despite approving its licenses, the Thai securities regulator still needs to inspect the firms' operations before they can kick off...
Colombian regulator calls for public comments on digital assets regulations
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24 July, 2022

Colombian regulator calls for public comments on digital assets regulations

The proposal is open to the public for feedback until August 12, 2022, per the notice on the SFC's website....
US regulator to waive some securities laws for digital asset firms to encourage compliance
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20 July, 2022

US regulator to waive some securities laws for digital asset firms to encourage compliance

SEC Chair Gary Gensler says that waiving some rules will lead more firms to “come in and talk” at a...
HM Treasury rolls back proposal to collect data from unhosted digital currency wallets
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22 June, 2022

HM Treasury rolls back proposal to collect data from unhosted digital currency wallets

The Exchequer stated that it had not found enough evidence of unhosted wallets posing a more significant risk for illicit...
Belgium’s FSMA releases registration steps for digital assets firms
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4 May, 2022

Belgium’s FSMA releases registration steps for digital assets firms

The conditions went into force last May 1 and bind any legal person in Belgium that provides exchange services on...