A preview of the upcoming Act on Virtual Assets

July 12, 2024

A preview of the upcoming Act on Virtual Assets

Defining the regulatory framework for Class D Financial Dealer Licences

A presentation on the upcoming “Virtual Assets and Virtual Assets Providers Act” was given during the 2nd VFSC Symposium on Virtual Assets by Joshua Tarinako, Managing Supervisor at VFSC, and Loretta Joseph, an Australian consultant for the VFSC who was instrumental in drafting the Bill (both pictured above – courtesy of VFSC). They walked us through the requirements for the new VASP licence which is classified as Category D in the FDL program. 

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