The Saint Vincent and the Grenadines Financial Services Authority (FSA) published a public notice reminding persons and entities conducting virtual asset business within or from Saint Vincent and the Grenadines that they are required to be registered with the FSA under the Virtual Assets Business Act 2022. The notice sets out that “virtual asset business” includes exchanging virtual assets for fiat currency, exchanging one or more forms of virtual assets, transferring virtual assets, safekeeping or administering virtual assets or instruments enabling control over virtual assets, and participating in and providing financial services related to an issuer’s offer or sale of a virtual asset. It also warns that operating without registration is an offence and may result in enforcement action, including administrative penalties and other legal sanctions, and advises prospective and existing operators to submit registration applications in line with the Act.
St. Vincent & the Grenadines Financial Services Authority 2026-04-02
Saint Vincent and the Grenadines Financial Services Authority warns virtual asset businesses they must be registered under the Virtual Assets Business Act 2022
The Saint Vincent and the Grenadines Financial Services Authority issued a public notice reminding all persons and entities conducting virtual asset business within or from the country that they must be registered under the Virtual Assets Business Act 2022. The notice clarifies the scope of “virtual asset business” and warns that operating without registration is an offence subject to enforcement action, including administrative penalties and other legal sanctions, urging operators to submit registration applications.