{"id":197594,"date":"2026-10-28T19:41:00","date_gmt":"2026-10-28T22:41:00","guid":{"rendered":"https:\/\/keynews.sr\/?p=197594&preview=true&preview_id=197594"},"modified":"2026-10-28T04:20:16","modified_gmt":"2026-10-28T07:20:16","slug":"suriname-introduces-oversight-of-cryptocurrencies-around-ten-providers-have-registered-with-the-central-bank","status":"publish","type":"post","link":"https:\/\/keynews.sr\/en\/suriname-introduces-oversight-of-cryptocurrencies-around-ten-providers-have-registered-with-the-central-bank\/","title":{"rendered":"Suriname introduces oversight of cryptocurrencies: around ten providers have registered with the Central Bank"},"content":{"rendered":"
\n

Suriname has introduced a legal framework for the supervision of providers of cryptocurrencies <\/a>and other virtual assets. The Virtual Asset Service Providers Supervision Act was passed by De Nationale Assembl\u00e9e (Suriname’s parliament) on August 21, 2026, and promulgated on September 29, 2026.<\/p>\n<\/div>\n

D<\/span>uring an earlier registration process by the Centrale Bank van Suriname (CBvS), approximately ten providers came forward. This is stated in the Financial Stability Report of October 2026.<\/p>\n

With the new legal framework, Suriname aims to gain greater control over services involving cryptocurrencies, digital trading platforms and other forms of virtual assets.<\/p>\n

According to the Central Bank, such services have been offered in Suriname for some time. These include exchanging cryptocurrencies, carrying out transactions and storing or managing digital assets through so-called crypto wallets.<\/p>\n

Approximately ten providers known to CBvS<\/h3>\n

The Central Bank carried out a registration process in October 2025 to gain more insight into the size and composition of the domestic market for virtual assets.<\/p>\n

Approximately ten service providers came forward during this process.<\/p>\n

The CBvS<\/a> states that the sector in Suriname is still relatively limited in size, but is gradually developing.<\/p>\n

A sectoral risk assessment from February 2024 showed that virtual assets are mainly used for investments, value storage and cross-border transactions.<\/p>\n

According to the report, stablecoins, particularly variants linked to the US dollar, play an important role because of their relative value stability and use in international payments.<\/p>\n

New law sets requirements for providers<\/h3>\n

The Virtual Asset Service Providers Supervision Act provides for registration and licensing requirements for providers of services involving virtual assets.<\/p>\n

In addition, the law includes obligations in the area of combating money laundering and terrorist financing.<\/p>\n

The so-called FATF Travel Rule is also applied. This international standard concerns information that must be collected and exchanged in certain transfers of virtual assets.<\/p>\n

The law further provides supervisory and enforcement powers for the Central Bank.<\/p>\n

This is intended to prevent digital financial services from continuing to operate outside regular financial supervision.<\/p>\n

Suriname did not meet international recommendation<\/h3>\n

The introduction of the regulations is also linked to international obligations in the area of financial integrity.<\/p>\n

According to the report, as of June 2026, Suriname received a ‘Non-Compliant’ rating for technical compliance with recommendation 15 of the Financial Action Task Force (FATF).<\/p>\n

This recommendation concerns new technologies and requires countries to take appropriate measures to manage risks related to virtual assets and their service providers.<\/p>\n

These include combating money laundering, terrorist financing and proliferation financing.<\/p>\n

The Central Bank therefore began developing a specific legal framework in 2025.<\/p>\n

The draft was submitted for assessment to international partners, including the legal department of the International Monetary Fund (IMF) and the United Nations Office on Drugs and Crime (UNODC).<\/p>\n

Supervision requires technical expertise<\/h3>\n

Although the new law represents an important step according to the Central Bank, not all challenges have been resolved.<\/p>\n

Effective supervision requires specialised knowledge, technical resources and sufficient institutional capacity.<\/p>\n

The CBvS points out that the further implementation of the supervisory framework requires support and capacity development.<\/p>\n

According to the report, virtual assets can contribute to financial inclusion and more efficient cross-border payments.<\/p>\n

At the same time, there are risks of misuse, financial crime and disruption of financial stability.<\/p>\n

The Central Bank therefore stresses the importance of a risk-based approach that leaves room for financial innovation, while requiring providers to comply with clear legal requirements.<\/p>\n","protected":false},"excerpt":{"rendered":"

Suriname is introducing a legal framework for the oversight of crypto service providers; around ten providers have registered with the Central Bank to combat money laundering and terrorist financing.<\/p>\n","protected":false},"author":4,"featured_media":197595,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_29234516172805655_1309923202201307":"","facebook_29234516172805655_1158244960706604":"","facebook_29234516172805655_1093738170500407":"","facebook_29234516172805655_108923581283702":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_counter":[],"footnotes":""},"categories":[16342],"tags":[24748,24751,18327,24750,24752,24749],"class_list":["post-197594","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-cbvs","tag-cryptocurrencies","tag-dna","tag-financial-stability-report","tag-legal-framework","tag-virtual-assets"],"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","pp_force_visibility":null,"pp_subpost_visibility":null,"pp_inherited_force_visibility":null,"pp_inherited_subpost_visibility":null,"_links":{"self":[{"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/posts\/197594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/comments?post=197594"}],"version-history":[{"count":1,"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/posts\/197594\/revisions"}],"predecessor-version":[{"id":197711,"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/posts\/197594\/revisions\/197711"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/media\/197595"}],"wp:attachment":[{"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/media?parent=197594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/categories?post=197594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/keynews.sr\/en\/wp-json\/wp\/v2\/tags?post=197594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}