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🌐 Fiji against crypto: why the island nation imposed a complete banThe National Council of Fiji on combating money laundering (NAML) has confirmed a complete ban on the activities of virtual asset service providers (VASP) — including cryptocurrency exchange for fiat, storage of digital assets, and any transactions involving them.
🔒 Reasons for the ban:
- 📉 High risks of money laundering and terrorist financing
🌐 Fiji against crypto: why the island nation imposed a complete ban
The National Council of Fiji on combating money laundering (NAML) has confirmed a complete ban on the activities of virtual asset service providers (VASP) — including cryptocurrency exchange for fiat, storage of digital assets, and any transactions involving them.
🔒 Reasons for the ban:
- 📉 High risks of money laundering and terrorist financing
🔒 Reasons for the ban:
- 📉 High risks of money laundering and terrorist financing
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