DWF Labs obtains Virtual Asset Service Provider registration in the British Virgin Islands.
Regulation & Gov ·
DWF Labs obtained Virtual Asset Service Provider registration from the British Virgin Islands Financial Services Commission, authorizing the company to offer virtual asset exchange and financial services related to token issuance through a BVI-regulated entity. The approval expands DWF Labs' ability to deliver OTC trading, market making, and institutional services globally. The BVI jurisdiction now hosts approximately 10% of the global tokenized US treasuries market worth $1.5 billion and facilitates over $1.2 billion in circulating stablecoins through domiciled entities.