vaspregulation
1,082 views
4 Discussing
ရေပန်းစားသော
နောက်ဆုံး
URGENT NEWS: Cuba’s Central Bank Tightens Grip on Virtual Asset Providers
NEW YORK CITY — December 12, 2025, 4:06 AM EST
In a key regulatory action announced in November 2025, the Central Bank of Cuba (BCC) has significantly reinforced its legal framework for Virtual Asset Service Providers (VASPs). This move signals a determined effort by the Cuban government to integrate digital assets under strict governmental oversight. $TRX
The BCC now mandates that all VASP entities operating within or servicing Cuban residents must obtain formal licensing from the central bank. $XLM
Furthermore, these providers are required to adhere rigorously to comprehensive Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) rules. $ZEC
This regulatory reinforcement is primarily aimed at enhancing financial transparency, mitigating illicit financial flows, and protecting consumer interests in the rapidly expanding crypto space. By placing VASPs under the direct purview of the BCC, Cuba is moving to validate digital asset activities while ensuring they align with national financial security goals. This development positions Cuba as another global jurisdiction prioritizing a regulated approach to digital finance. The move is expected to introduce greater stability and formalization to the local crypto economy.
#CubaCrypto #VASPRegulation #AMLCFT #BinanceSquareNews
NEW YORK CITY — December 12, 2025, 4:06 AM EST
In a key regulatory action announced in November 2025, the Central Bank of Cuba (BCC) has significantly reinforced its legal framework for Virtual Asset Service Providers (VASPs). This move signals a determined effort by the Cuban government to integrate digital assets under strict governmental oversight. $TRX
The BCC now mandates that all VASP entities operating within or servicing Cuban residents must obtain formal licensing from the central bank. $XLM
Furthermore, these providers are required to adhere rigorously to comprehensive Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) rules. $ZEC
This regulatory reinforcement is primarily aimed at enhancing financial transparency, mitigating illicit financial flows, and protecting consumer interests in the rapidly expanding crypto space. By placing VASPs under the direct purview of the BCC, Cuba is moving to validate digital asset activities while ensuring they align with national financial security goals. This development positions Cuba as another global jurisdiction prioritizing a regulated approach to digital finance. The move is expected to introduce greater stability and formalization to the local crypto economy.
#CubaCrypto #VASPRegulation #AMLCFT #BinanceSquareNews
Rising Concerns Over Unlicensed VASPs and Global Regulatory Gaps
1. Kenya flagged for unlicensed VASP activity, sparking warnings about similar risks in EU and UK markets.$BNB
2. Regulatory bodies emphasize the need for stronger oversight to combat scams and illicit crypto operations.$ETH
3. Increased scrutiny expected as global jurisdictions tighten compliance frameworks for virtual asset service providers.$XMR
4. Investor protection and anti-fraud measures remain top priorities amid rapid digital asset adoption.
5. Collaboration between regulators and industry players is critical to ensure trust and market integrity.
#CryptoCompliance #BlockchainSecurity #BTCRebound90kNext? #VASPRegulation #CryptoRisk
1. Kenya flagged for unlicensed VASP activity, sparking warnings about similar risks in EU and UK markets.$BNB
2. Regulatory bodies emphasize the need for stronger oversight to combat scams and illicit crypto operations.$ETH
3. Increased scrutiny expected as global jurisdictions tighten compliance frameworks for virtual asset service providers.$XMR
4. Investor protection and anti-fraud measures remain top priorities amid rapid digital asset adoption.
5. Collaboration between regulators and industry players is critical to ensure trust and market integrity.
#CryptoCompliance #BlockchainSecurity #BTCRebound90kNext? #VASPRegulation #CryptoRisk
နောက်ထပ်အကြောင်းအရာများကို စူးစမ်းလေ့လာရန် အကောင့်ဝင်ပါ