Jordan’s Securities Commission signalled it is working to complete and issue instructions regulating dealings in virtual assets before the end of 2025, positioning cybersecurity as the central safeguard for balancing the opportunities and risks of crypto assets as the country implements its Virtual Assets Law. The planned instructions are intended to set a licensing framework for brokerage and trading, custody services, platform operation, and financial services related to the offering and issuance of virtual assets, with standards covering technical readiness, governance, operating capital, and compliance with anti-money laundering and counter-terrorist financing requirements. The Commission also pointed to plans to deploy advanced blockchain analysis tools to detect financial crime and to strengthen cybersecurity architecture through incident response plans, operational risk controls, periodic penetration tests, and protections for assets held in hot and cold wallets. The next milestone flagged was the issuance of the virtual asset instructions before year-end.

Original source View in tracker