British Virgin Islands: Closed consultation on draft Bill on Virtual Assets Service Providers (VASPs) Act establishing registration requirement for VASPs
Description
Closed consultation on draft Bill on Virtual Assets Service Providers (VASPs) Act establishing registration requirement for VASPs
On 23 September 2022, the British Virgin Islands (BVI) closed its consultation on the draft bill for the "Virtual Assets Service Providers (VASP) Act", intended to establish a legal framework for the registration of VASPs with the Financial Services…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government