Digital Financial Services : Fintech & Blockchain
- Labuan IBFC continues to provide a fit-for-digital business structures to facilitate various digital financial-related business (DFS) such as:
- digital-banking,
- insurtech business
- digital intermediaries such as
- Robo-advisors,
- digital asset exchanges,
- crypto trading platforms,
- blockchain tokens
- e-payment systems.
- Emphasis on AML/CFT and market conduct compliance to prevent misuse and promote transparency in virtual transactions.
- Labuan entities are required to obtain Labuan FSA’s prior approval before undertaking proposed DFS-related activities.