These are the services outlined for the regulation of VASP by FATF.[19] These are further expanded to ten possible service lines in the Markets in Crypto-Assets Regulation (MiCA) adopted by the EU.[20] The position in Hong Kong is different. The key requirement of the VASP regime in Hong...
Hong Kong’s keenly-awaited Virtual Asset Licensing Regime (VASP) is one of the first major market in-depth licensing regimes to be developed following the turbulent events of 2022, which continue to reverberate the crypto industry. The VASP Licensing Regime commences on 1 June 2023. In this ...
AML practices aim to prevent money laundering through certain procedures. Take a look at Cointelegraph’s latest news and analysis on AML in the crypto space.
Dixon talked about the importance of certainty and the possible impact of the Markets in Crypto Assets (MiCA) regulation on the compliance culture and function in Virtual Asset Service Providers (VASPs). He also discussed what lessons firms should learn from Eventus’ paper on the UK Financial ...
@Kvasp have you got an docker compose of the services needed in order to get node up ? All that would be needed is the join command (for example of existing cluster), and nodes booted would join it? I tried decomposing the whole thing but the http booting with grub is not working fo...
These penalties should not only apply to VASPs but also extend to their directors and managers. How to Comply? To effectively comply with regulatory requirements in the crypto industry, companies must implement robust measures and utilize appropriate tools. Here are some steps to enhance compliance:...