Portofino, also known for its over-the-counter trading services for institutional clients, has been approved to offer virtual asset services such as fiat-to-crypto exchange and exchange between various virtual assets.

This approval aligns with the BVI's aim to support virtual assets service providers (VASPs) with robust compliance and risk management frameworks. Directed by Head of BVI Regulatory, Ayana Hull, and supported by Associate Charlotte Allery, the Harneys team led the application process.

If you're seeking assistance with a VASP application, at Harneys, we offer deep regulatory expertise and a thorough yet straightforward approach. Contact the authors or your usual Harneys contact for a complimentary consultation kit, including guides, proposals, and assessment tools tailored to your needs.

For more information, our detailed article can be found here.