21 Analytics logo
Request a Demo

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 

  • Australia: Digital Currency Exchange Provider (DCEP)

  • Canada: Crypto Asset Trading Platform (CTP)

  • Estonia: Virtual Currency Service Provider (VCSP)

  • EU: Crypto asset service provider (CASP)

  • France: Digital Asset Service Provider (DASP)

  • Japan: Crypto Asset Exchange Service Provider (CESP)

  • Liechtenstein: Trusted Technology Service Provider (TT Service Provider)

  • Singapore: Digital Payment Token Providers (DPT Providers)

  • UK: Cryptoasset Business (CB)

  • USA: Money Service Business (MSB)

Read about the latest FATF updates and how it impacts VASPs.

Cookies are used to collect information about how you interact with our website and allow us to remember you. We use this information in order to improve and customize your browsing experience and for analytics and metrics about our visitors both on this website and other media. To find out more about the cookies we use, see our Privacy Policy.