Seychelles’ new bill requires VASPs to have local offices, directors

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The post Seychelles’ new bill requires VASPs to have local offices, directors appeared first on CoinGeek.

Despite being Africa’s smallest nation, with a population of just over 100,000, the archipelagic state is home to some of the world’s largest digital asset firms.

They must have an office in Seychelles with enough competent workers and that all records are accessible via that office,” commented Hassan.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaJapanNigerNigeriaSeychelles

Topics: Africa Business Financial Services Authority Seychelles National Assembly Naadir Hassan Regulation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-23 @ 15:00:45 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 579 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © CoinGeek

News ID: 22230208

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