Virtual Asset Service Provider (VASP)
A VASP is an organisation/person that operates for or on behalf of another person. As defined by the FATF, VASP activities include:
Exchange between virtual assets and fiat currencies,
Exchange between one or more forms of virtual assets,
Transfer of virtual assets,
Safekeeping and/or administration of virtual assets or instruments enabling control over virtual assets,
Participation in and provision of financial services related to an issuer's offer and/or sale of a virtual asset.
Jurisdiction dependent, a VASP can also be known as
A crypto asset trading platform (CTP),
Crypto secondary asset service providers (CASSPrs), or
A crypto asset exchange provider (CESP).