Technology term
Virtual Asset Service Provider (VASP)
A business that exchanges, transfers, safeguards or administers cryptocurrencies and other virtual assets for customers. Depending on the country, it may need a licence and must follow rules on identity checks, fraud prevention, record keeping and suspicious transactions.
English
Virtual Asset Service Provider
Arabic
مزود خدمات الأصول الافتراضية
First appeared in
Brazil Will Pause Some Large Crypto Transfers for Up to 24 Hours
