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๐ Fiji against crypto: why the island nation imposed a complete banThe National Council of Fiji on combating money laundering (NAML) has confirmed a complete ban on the activities of virtual asset service providers (VASP) โ including cryptocurrency exchange for fiat, storage of digital assets, and any transactions involving them.
๐ Reasons for the ban:
- ๐ High risks of money laundering and terrorist financing
๐ Fiji against crypto: why the island nation imposed a complete ban
The National Council of Fiji on combating money laundering (NAML) has confirmed a complete ban on the activities of virtual asset service providers (VASP) โ including cryptocurrency exchange for fiat, storage of digital assets, and any transactions involving them.
๐ Reasons for the ban:
- ๐ High risks of money laundering and terrorist financing
๐ Reasons for the ban:
- ๐ High risks of money laundering and terrorist financing
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