Articles tagged with "Virtual Asset Service Providers"
South Korea is racing to advance its Digital Asset Framework Act, with stablecoins at the center of a policy showdown over who gets to issue and supervise them. The broader push also targets exchanges, disclosures, and cross-border crypto rules as Seoul tries to keep pace with global regulators.
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South Korea has approved new crypto licensing rules that give the FIU more say over exchange approvals, shareholder vetting, and conditional licenses. It’s a tighter compliance net, not a crypto ban — but for shady operators, the party’s over.
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South Korea is moving to give its FIU direct authority to investigate unregistered crypto firms, especially offshore operators that have dodged enforcement. The push comes as referrals stalled, exchanges face tougher reporting rules, and Seoul tightens oversight without trying to choke crypto outright.
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Zimbabwe has brought crypto under formal regulation with SI 99, forcing VASPs to register or face criminal risk, while a bigger question emerges: should the country go further and hold Bitcoin as a reserve asset?
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Zimbabwe has moved crypto firms under direct Reserve Bank of Zimbabwe oversight with a new anti-money laundering framework that finally gives the sector a legal path forward — while also putting it on a much shorter leash. Statutory Instrument 99 of 2026 creates a formal crypto rulebook Virtual asset service providers (VASPs) must register before […]
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Nigeria’s Senate has moved to bring crypto exchanges and other virtual asset firms under a formal regulatory framework, a sign that the country is done pretending its digital asset market can be managed with vibes and wishful thinking. SB 956 passes second reading Licensing, compliance, and consumer protection are central FATF and IMF standards shape […]
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