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.