Crypto Travel Rule And How It Operates
The crypto travel rule was formulated by the Financial Action Task Force (FATF) to guide crypto companies and Virtual assets service providers (VASPs). In this article, the concept and how it operates have been discussed extensively. The Financial Action Task Force (FATF) amended its recommendations in 2019 to include virtual assets (VAs) and Virtual assets service […]
The UAE to issue a government crypto license for virtual asset service providers (Report)
By the end of the first quarter, the United Arab Emirates is expected to issue a government crypto license for virtual asset service providers VASPs. This move is part of the UAE’s goal of becoming a leading crypto-friendly jurisdiction. According to Bloomberg, the UAE Securities and Commodities Authority is close to adopting legislation that would […]