Wavebridge Completes Virtual Asset Service Provider Registration... "Laying the Foundation for Greater Growth"
Summary
- Wavebridge has completed its Virtual Asset Service Provider registration, aiming to minimize regulatory risks in the future virtual asset market.
- Through this, Wavebridge aims to provide more secure and transparent services, securing sustainable growth and global competitiveness.
- Wavebridge plans to expand its corporate virtual asset exchange and brokerage business through the Dolfin platform.
Fintech company Wavebridge has completed its registration as a Virtual Asset Service Provider (VASP).
On the 18th, Wavebridge announced, "As of today, we have completed the registration as a Virtual Asset Service Provider with the Financial Intelligence Unit (FIU) under the Financial Services Commission. This marks the fourth registration in South Korea this year."
Wavebridge received the VASP registration certificate today, and will immediately implement anti-money laundering obligations such as the Know Your Customer (KYC) system. Additionally, the company plans to comply with related regulations such as the Virtual Asset User Protection Act and the Specific Financial Information Act, aiming to minimize regulatory risks in the virtual asset market and establish a reliable trading environment.
Oh Jong-wook, CEO of Wavebridge, stated, "Through this VASP registration, we can provide users with safer and more transparent services," adding, "This will be an important stepping stone for Wavebridge to secure sustainable growth and global competitiveness, and we promise to offer safer and more trustworthy services to our customers."
Meanwhile, Wavebridge plans to expand its business with Dolfin, a platform specialized in corporate virtual asset exchange and brokerage.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
