Who Qualifies as a Virtual Asset Service Provider The concept of a VASP is foundational in cryptocurrency regulation. According to the FATF virtual asset service providers definition, this term designates entities subject to AML/CTF frameworks , mandatory registration, and the requirement to secure a virtual asset service provider license. Exchanges and trading platforms Platforms facilitating the exchange of cryptocurrency for fiat or other cryptoassets strictly align with t

We`re here to explain what VASP is to you and make a huge amount of legal words and regulations meaningful to you.