04/03/24

Virtual Asset Service Providers In Luxembourg: State of Play

Since the introduction of virtual asset service providers (VASPs) into the Luxembourg legal framework in 2020, only a limited number of VASPs have been registered. This publication aims at summarising the framework applicable to VASPs, provide an overview of the current status of VASP registrations in the country, and highlight the future developments that will impact relevant market players in Luxembourg and beyond.