Tag: #VASP
Revolut Secures VARA In-Principle Approval for UAE Crypto Expansion
Revolut wins VARA in-principle approval for regulated crypto services in the UAE. UAE users will access Revolut app and Revolut X after final regulatory approval.…
Brazil Tightens Rules for Crypto Firms With New Capital Requirements
Brazil requires crypto firms to maintain capital reserves starting January 2027. New rules align crypto providers with securities broker regulatory standards. Segment 5 firms lose…
Taiwan Passes Crypto and Stablecoin Bill in Major Regulatory Shift
Taiwan mandates licenses for crypto firms under the new Virtual Asset Service Act. Stablecoin issuers need central bank and FSC approval with full reserve backing.…
South Korea Tightens Crypto Travel Rule to Track Smaller Transfers
South Korea seeks Travel Rule coverage for smaller crypto transfers globally. FIU targets AML loopholes created by transaction splitting and smurfing. New rules will require…
Sri Lanka’s First Crypto Rulebook Is Finally Taking Shape
Sri Lanka is preparing a legal framework for crypto and virtual assets. The law aims to close a legal vacuum and protect citizens from scams.…
BitOasis Secures Full VASP License Driving Crypto Forward
BitOasis obtains a full VASP license, enhancing its MENA activities. CoinDCX acquires BitOasis, strengthening its presence in the MENA region. Virtual asset-leading platform BitOasis has…
