The BVI recently brought into force the Virtual Assets Service Providers Act 2022, which establishes a new legal framework for the registration and...
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- HARNEYS.COM - A La Une - 10/Jul 12:42
BVI Virtual Assets Service Providers Act: Three months to go
The BVI recently brought into force the Virtual Assets Service Providers Act 2022, which establishes a new legal framework for the registration and supervision of individuals and businesses providing virtual asset services. The VASP Act was enacted on 1 February 2023. Importantly, the transitional framework closes on 31 July 2023. Note, you may need to take action now if you are active in this area.
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