Is a crypto-asset provider, in Saint Lucia

Virtual Asset Business Act, 2022 (No. 24 of 2022), s. 12(7)(b) · Read the law's page

• This binds a person licensed by the Financial Services Regulatory Authority under the Virtual Asset Business Act, 2022 (No. 24 of 2022) to offer or operate a virtual asset business in or from Saint Lucia: an exchange between a virtual asset and fiat currency, an exchange between forms of virtual assets, a transfer of a virtual asset, the safekeeping or administering of a virtual asset, or participating in or providing financial services related to the issue or sale of a virtual asset (sections 2(1), 3 and 4(1)) (reached by declaring that you are a crypto-asset provider).
• Implement and maintain policies for the virtual asset business to protect the operations of the licensee, and the personal information the licensee collects and stores, from cyber threats (section 12(7)(b)); this duty is stated separately from the policy duty to comply with the Data Protection Act in section 12(7)(a).