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virtual asset service providers (VASPs)

Crypto Policy: Kenyan Senate Ready to Engage Central Bank

Crypto Policy: Kenyan Senate Ready to Engage Central BankThe Kenyan Senate’s Information, Communication and Technology committee has said it is ready to engage the Central Bank of Kenya (CBK) and other stakeholders in shaping the country’s policy towards crypto assets and virtual asset service providers. According to the committee, such a policy helps govern the use of crypto assets in the country “to […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory Framework

Oman Capital Markets Regulator Plans to Establish a Virtual Assets Regulatory FrameworkThe Oman Capital Market Authority (CMA) has said it plans to establish a regulatory regime to govern as well as develop the country’s virtual assets market. The regulator said the envisaged regulatory regime enables it to avail an “alternative financing and investment platform for issuers and investors while mitigating the risks associated with this asset […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

UAE Says No Virtual Asset Service Provider Has Been Granted an Operating Permit

UAE Says No Virtual Asset Service Provider Has Been Granted an Operating PermitThe United Arab Emirates virtual assets regulator has said no crypto entity has been granted the full market product (FMP) license. According to the country’s minister of state for artificial intelligence and the digital economy, Omar Sultan Al Olama, no crypto entity has been “able to onboard any customers even last week.” VARA Has Yet […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

President of Brazil Sanctions Cryptocurrency Law

President of Brazil Sanctions Cryptocurrency LawPresident Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the period allowed, will begin to be applied 180 days after its sanction. This will give all parties a period to adapt to compliance. Cryptocurrency Law Finally Sanctioned […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

Africa Focused Crypto Exchange Yellow Card Granted VASPs License in Botswana

Africa Focused Crypto Exchange Yellow Card Granted VASPs License in BotswanaYellow Card, an Africa-focused cryptocurrency exchange platform, recently said it has received a virtual asset service provider (VASP) license to operate in Botswana. Granted by the country’s Non-Bank Financial Institutions Regulatory Authority, Yellow Card’s license allows the crypto exchange to bolster its operations on the continent. Working With Regulators The Africa-focused cryptocurrency exchange platform, Yellow […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment

Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as PaymentThe Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and regulations. According to the central bank’s governor, there is an ongoing “battle between regulated and unregulated money on the one hand and sovereign versus […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

Dubai Regulator Announces Virtual Assets Marketing and Advertising Guidelines

Dubai Regulator Announces Virtual Assets Marketing and Advertising GuidelinesThe Dubai virtual assets regulator, the Virtual Asset Regulatory Authority (VARA), has unveiled digital assets marketing and promotion guidelines that are applicable to any entity using Dubai-based media sites and publishing channels. The guidelines will “ensure factual accuracy, explicitly demonstrate any promotional intent, and in no way mislead on the guaranteed nature of their returns.” […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs

Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPsThe Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently announced the introduction of a code of conduct for Nigerian virtual assets service providers. The code of conduct, which was initiated by the office of the President of Nigeria, applies to all Nigerian VASPs. Making the Nigerian Blockchain […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

Nigerian SEC Announces New Rules Governing Issuance of Digital Assets

Nigerian SEC Announces New Rules Governing Issuance of Digital AssetsThe Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets. Initial Assessment Filing The Nigerian Securities and Exchange Commission (SEC) has announced new rules that govern the issuing of digital assets as securities. The regulations also include […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ

Dubai Virtual Assets Regulator Establishes HQ in the Metaverse

Dubai Virtual Assets Regulator Establishes HQ in the MetaverseThe Dubai virtual assets regulator, the Virtual Assets Regulatory Authority (VARA), has established its metaverse headquarters in The Sandbox virtual world. By establishing a presence in the metaverse, the regulator said it hopes to make itself accessible to all stakeholders. World’s ‘Virtual Assets Capital’ Dubai’s digital assets regulator, the Virtual Assets Regulatory Authority (VARA), has […]

Five Alleged Scammers Federally Charged With Running Crypto Phishing Scheme by DOJ