Virtual Asset Service Provider as defined by FATF, providing exchange, transfer, custody, or issuance services.
FATF defines a VASP as a natural or legal person conducting one or more of: exchange between virtual assets and fiat, exchange between virtual assets, transfer of virtual assets, safekeeping or administration of virtual assets, and participation in or provision of financial services related to an issuer's offer or sale of a virtual asset. Most jurisdictions, including the UAE (VARA), require VASP licensing and Travel Rule compliance.
Dubai's Virtual Assets Regulatory Authority, the world's first dedicated regulator for virtual asset service providers.
FATF-aligned obligation requiring VASPs to share originator and beneficiary information for crypto-asset transfers.
Crypto-Asset Service Provider authorised under MiCA to provide one or more crypto-asset services in the EU.
Financial Action Task Force, the inter-governmental body setting global anti-money-laundering and counter-terrorist-financing standards.