The Jordan Securities Commission confirmed that its draft 2025 Virtual Asset Service Providers Licensing Scheme is in the final stages and is expected to be issued soon, after the Cabinet approved the reasons for the draft regulation and the progress of its approval procedures at its 22 October 2025 meeting. The scheme is grounded in Jordan’s law regulating the handling of virtual assets and is positioned as part of a broader package of legislation, regulations and instructions intended to align with the Law Regulating the Dealing in Virtual Assets. The Commission said the framework is intended to enable investors to transact with licensed local virtual asset platforms with greater security and legal protection compared with using unregulated external platforms, and noted links to the government’s Future Technology Council. The draft has been made available on the Commission’s website for review, with feedback previously collected via the government Tawasul platform and assessed by a committee that developed recommendations.

Original source View in tracker