Crypto Updates

Seychelles Approves Bill on Virtual Asset Regulation

Seychelles Approves Bill on Virtual Asset Regulation


The Seychelles National Assembly has approved a draft bill to regulate virtual asset service providers (VASPs). The bill requires license-seeking VASPs to establish a substantial presence in Seychelles, such as having a resident director and an office with competent staff. The law aims to balance innovation with anti-money laundering efforts, adhering to Financial Action Task […]

Click Here to Read the Full Original Article at Regulation Archives – Bitcoin News…