Regulatory Alerts2025-01-01
Circular No. 2025-01 on the Regime for Virtual Asset Service Providers in Djibouti
The Central Bank of Djibouti issues Circular No. 2025-01 to establish the licensing framework, governance standards, capital requirements, and operational obligations for Virtual Asset Service Providers operating within Djibouti. The regulation defines cryptoassets, mandates a comprehensive white paper and commercial communication standards, and requires robust anti-money laundering procedures alongside a 14-day client withdrawal right. It further stipulates minimum capital thresholds, segregated fund custody, and strict eligibility criteria for management bodies and qualifying shareholders to ensure market integrity and consumer protection.
Share