Bitcoin News / Bitcoin.com - 3 months ago
Nigerian fintech lawyer Senator Ihenyen said the new central bank guidelines which bar the withdrawal of cash from accounts operated by virtual asset service providers (VASPs) seem “reasonable and understandable.” The lawyer however belie...
Bitcoin News / Bitcoinist - 4 months ago
The Central Bank of Nigeria (CBN) has now canceled its restrictions on banks and other financial institutions in operating accounts for virtual asset service providers (VASPs). This marks an exciting development as the Apex Bank looks to chart a new...
Bitcoin News / Bitcoinist - 4 months ago
In a series of regulatory achievements, blockchain company Ripple has marked another significant milestone by announcing the inclusion of its Irish subsidiary, Ripple Markets Ireland Limited, in the Central Bank of Ireland’s list of registered...
Cryptocoins News / The Cointelegraph - 1 year ago
Companies that have already acquired licenses from the country’s financial free zones are exempted from the requirement of registering with the regulator. The federal...
Bitcoin News / Bitcoin.com - 1 year ago
Yellow 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...
Cryptocoins News / Blockchain - 1 year ago
Hong Kong leader John Lee delivered his first policy address Wednesday, indicating that the administration has introduced a bill to propose establishing a statutory licensing regime for virtual asset service providers. (Read More)
Cryptocoins News / Blockchain - 1 year ago
The Central Bank of the Philippines also known as the Bangko Sentral ng Pilipinas (Bangko Sentral) has issued a warning to citizens urging them to stay away from unregulated virtual asset service providers(VASP) (Read More)
Bitcoin News / Bitcoin.com - 1 year ago
The 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, w...
Cryptocoins News / Blockchain - 2 years ago
Virtual Assets Service Providers (VASPs) that originate from Singapore but offer their business offerings or products abroad are now required to secure licensing from the relevant authorities, a shift in position that may soon become law as the coun...
Bitcoin News / Bitcoin.com - 2 years ago
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations ...
Bitcoin News / Bitcoin.com - 2 years ago
On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service p...
Bitcoin News / Bitcoin.com - 2 years ago
The Bank Of Spain has finally opened the mandatory registry for Virtual Asset Service Providers (VASPs) in the country. The bank also dispelled doubts that financial institutions had regarding whether they had to apply for the registry given they alr...
Bitcoin News / Bitcoin.com - 2 years ago
The Zimbabwean government recently revealed its intention to widen the definition of securities to include virtual asset service providers (VASPs). According to a document released by the cabinet, the proposed inclusion of VASPs into the category of...
