#VASPs

Highlights: AUSTRAC removed 45 remittance and crypto service registrations over the past year amid tighter compliance scrutiny. The regulator cited inactive businesses, registration failures, insolvency, and money laundering risks among key enforcement reasons. AUSTRAC also cancelled GetCoins’ registration and recently […]

Highlights: Taiwan just passed a major law bringing crypto exchanges, custody firms, and lenders under clear regulation. Crypto platforms must now keep customer money separate from company funds, and stablecoins need official approval. Fraud or price manipulation can now mean […]

Highlights: MiCA deadline could force many crypto firms out of European crypto markets. From July 1, crypto companies that fail to meet the complete licensing requirements will no longer operate in the European crypto space. Based on current statistics, roughly […]

Highlights: South Korea is preparing rules to bring overseas crypto transfers under foreign exchange supervision. Fintech firms could enter the market if they meet registration, reporting, and operational requirements. Regulators want stronger oversight to reduce illegal foreign exchange activity and […]

Highlights: Pakistan invites international crypto firms to apply for licenses under a new framework. Applicants must meet strict AML, KYC, and counter-terrorism financing regulations. PVARA aims to boost fintech, tokenization, and Shariah-compliant digital asset services. Pakistan is opening its market […]

Highlights: Coinbase can now operate in Argentina with legal approval to offer secure crypto services.  Many Argentinians use crypto to fight inflation and gain financial stability.  Coinbase will focus on security and education to empower crypto users in Argentina.  Coinbase […]

Highlights: Taiwan will allow banks to issue stablecoins pegged to the New Taiwan dollar under a draft law in June 2025. New AML rules require VASPs in Taiwan to register and comply or face fines and imprisonment for non-compliance. Taiwan […]

Highlights: The Philippine central bank has rolled out disclosure requirements for Virtual Asset Service Providers. Firms will reveal liquidity covers, financial positions, addresses, total value, etc in a bid to protect investors. This will help prevent fraud and collapses in […]