6 articles tagged with #vasp. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.
Brazil's Central Bank has implemented stringent new regulatory requirements for Virtual Asset Service Providers (VASPs), establishing stricter compliance standards for cryptocurrency exchanges and custodians. These regulations are expected to consolidate the market by favoring well-capitalized firms while creating barriers to entry for smaller operators.
Coinbase has launched TRUSThub to expand its TRUST network, enabling greater connectivity among Virtual Asset Service Providers (VASPs) using different Travel Rule compliance systems. The expansion includes BNY Mellon joining the network and a partnership with 21 Analytics to streamline compliance workflows while maintaining privacy-first peer-to-peer architecture.
TRUST has announced four compliance milestones aimed at achieving global Travel Rule compliance, signaling the cryptocurrency industry's maturation toward traditional finance standards and regulatory alignment.
Kenya has completed public consultation on its draft Virtual Asset Service Providers (VASP) Regulations 2026, which will operationalize licensing rules and consumer protections for cryptocurrency platforms. The regulations mandate strict asset segregation, risk disclosures, and zero-tolerance enforcement against market manipulation, positioning Kenya as a regional leader in crypto regulatory clarity.
Ripple is expanding its operations into Brazil with a VASP (Virtual Asset Service Provider) application, continuing its global institutional growth strategy. This follows the company's recent expansion moves in Australia, the US, and Canada as it builds its international presence.
Ghana has launched a cryptocurrency trading sandbox program allowing 11 firms to operate under its new Virtual Asset Service Provider (VASP) law. The sandbox enables companies to test their crypto products in a controlled regulatory environment while authorities monitor compliance and risk management.
