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 […]
Source: Seychelles Approves Bill on Virtual Asset Regulation (https://news.bitcoin.com/seychelles-approves-bill-on-virtual-asset-regulation/)