...aundering supervisors; - broaden the requirements for identifying high-risk third countries and ensure a high level of protection for money moving to or from such countries. One of the most notable directives is the Travel Rule which requires “virtual asset service providers” (VASPs) — including crypto exchanges and custodial wallet providers — to disclose customer information when fac...

...ovide virtual assets, the risk of using virtual assets for money laundering and market manipulation, and the draft law recognizes the risk of money laundering through the use of digital currencies. According to new regulation it is required that any virtual asset service provider put in place a risk-protected system to monitor transactions for suspicious transactions. The licensees will also have ...

...), announced becoming Financial Conduct Authority (FCA) regulated digital securities exchange and custodian in the UK**. Archax has also become the first company to receive crypto-asset registration from the UK regulator, making it a fully compliant virtual asset service provider (VASP). This is major step for the emerging global digital securities field. For the first time, digital issuances f...

...uba is seeking to establish guidelines for crypto-related providers licensing. “The Central Bank of Cuba, for reasons of socio-economic interest, may authorize the use of certain virtual assets in commercial transactions, and grant a license to virtual asset service providers for operations related to financial, exchange and collection or payment activities, in and from the national territory...