Regulatory AlertsAdded · Updated
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.
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