Regulatory Alerts2026-07-16
Added · Updated
Regulation of Virtual Asset Service Providers (VASPs)
The Superintendent of Financial Services adopted Resolution SSF No. 2026-444 to incorporate Title VII Ter into the Securities Market Regulations, establishing a regulatory framework for virtual asset service providers (VASPs). The resolution defines VASPs as legal entities providing services such as exchange, transfer, or custody of virtual assets and requires prior authorization from the regulator. It mandates specific organizational structures, prudential requirements, consumer protection measures, cybersecurity standards, and anti-money laundering protocols for these entities.