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Payment tokens, and keeping the licence — Virtual asset licensing, explained | Arakan

Virtual asset licensing, explained

Virtual asset licensing, explained · 6 of 6

Payment tokens, and keeping the licence

The Central Bank's rules for stablecoins: residents only, no interest, a reserve reconciled daily and audited monthly, a legal opinion on the white paper; then what keeps any virtual asset licence alive: quarterly reporting, notifications, and the ways it can be lost.

6 of 6 · 2 min

In this series

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1.What virtual asset licensing involves
2 min
2.Which activities are licensed
2 min
3.Choosing the regulator
2 min
4.Building the firm
2 min
5.Running under the rules
2 min
6.Payment tokens, and keeping the licence
2 min