LTP secures VASP and SIB Licenses; How will it impact the Existing Scenario?

Quick Summary:

Leading digital asset firm LTP announced on Friday that it has successfully secured Virtual Asset Service Provider (VASP) and Securities Investment Business (SIB) licenses from the British Virgin Islands Financial Services Commission (BVI FSC).

BVI has been a preferred jurisdiction for crypto firms due to its business-friendly laws.

Moving forward, LTP aims to expand its service offerings, strengthen partnerships, and enhance financial innovation, ensuring it remains at the forefront of the rapidly evolving Web3 and digital finance landscape.

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Article Details

Author / Journalist: Sneha Agrawal

Category: Crypto

Markets: IndiaHong Kong

Topics: Digital Services Investment Compliant Securities Financial Licenses Virtual Vasp Asset Crypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-01 @ 13:26:47 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 416 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26543388

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 25 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #59

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