Declaration of a Crypto Asset as a Financial Product
Also known as: South Africa Crypto Asset Declaration
Overview
Key Details
Jurisdiction
South AfricaRegulator
FSCA
Law Type
Notice
Status
In ForceOfficial Law Number
FAIS Notice 1350 of 2022
Official Title
Declaration of a Crypto Asset as a Financial Product
Effective Date
Effective date not specified
Topics Covered
Who This Law Applies To
Key Requirements
Official Sources
Related Laws
FIC Directive 9 — Travel Rule relating to crypto asset transfers
Financial Intelligence Centre Act Directive 9 — Implementation of Travel Rule Relating to Crypto Asset Transfers
South Africa's FIC Directive 9 implements binding crypto-asset travel-rule requirements for accountable institutions. It requires prescribed originator and beneficiary information to accompany qualifying crypto-asset transfers, sets procedures for missing data, and implements a binding travel-rule layer alongside the broader Financial Intelligence Centre Act framework.
South Africa Crypto CARF
Crypto-Asset Reporting Framework implementation
Introduces due-diligence and transaction reporting for covered CASPs.
Decision No. E/35/2023 — VASP Registration and AML/CFT Instructions
Decision No. E/35/2023 on Virtual Asset Service Provider Registration, Cancellation of Registration and AML/CFT Instructions
Oman's FSA Decision No. E/35/2023 requires registration with the Oman Financial Services Authority (formerly Capital Market Authority) before carrying on covered virtual-asset activities in the Sultanate of Oman. It implements AML/CFT, governance and compliance requirements, and provides registration, cancellation and supervisory procedures. This is a VASP registration/AML regime and should be distinguished from any future full licensing framework.
BCB Resolutions No. 519, 520 and 521 of 2025 — Virtual Asset Regulatory Framework
Resoluções BCB nos. 519, 520 e 521, de 10 de novembro de 2025
Brazil's Central Bank (BCB) Resolutions No. 519, 520 and 521 of 10 November 2025 implement the virtual-asset regulatory framework under the supervision of the Central Bank. Resolution 519 establishes VASP authorisation procedures; Resolution 520 sets activity, governance, controls, security and conduct requirements; Resolution 521 integrates specified virtual-asset operations into Brazil's foreign-exchange and international-capital rules. Commencement is staged during 2026 — verify the effective date for each resolution separately.
IOSCO Policy Recommendations for Crypto and Digital Asset Markets (2023)
Policy Recommendations for Crypto and Digital Asset Markets — Final Report (FR11/2023)
The IOSCO Policy Recommendations for Crypto and Digital Asset Markets (2023) contain 18 recommendations grounded in the principle of consistent regulation of economically equivalent activities. They address conflicts of interest, market manipulation, custody, disclosure, retail risks and cross-border cooperation. IOSCO recommendations are not self-executing domestic law — implementation depends on member regulators in their respective jurisdictions.
Utility Token Offering Act, 2018 (Act No. 4/2018)
Utility Token Offering Act, 2018 (Act No. 4 of 2018)
Anguilla's Utility Token Offering Act 2018 (Act No. 4/2018) is one of the world's earliest purpose-built utility-token offering frameworks. It creates registration requirements for utility-token issuers, sets offering, disclosure and issuer-qualification conditions, and works with AML regulations and later amendments. Verify the most recent consolidation — a 2020 amendment may affect the effective/status fields.
