MFSA publishes a number of FAQs about the Virtual Financial Assets (VFA) framework

The MFSA has published a document with a number of frequently asked questions in relation to the VFA framework. It provides key information on the VFA framework, on the classification of DLT assets, VFA agents, Initial VFA Offerings, VFA service providers, AML/CFT requirements and transitory provisions. The MFSA has issued these FAQs after a series of discussions it had with players in the industry. The FAQs should serve as further guidance to the industry.