1. The Supervisory Authority responsible for Virtual Asset Service Providers may issue decisions, circulars, and procedures necessary for the adequate regulation thereof, and for determining the scope, limits, and form of Virtual Asset Transfers, verification obligations taking into account the level of risks, record-keeping requirements, and necessary technical standards, in a manner that ensures compliance with the provisions of the Decree by Law and this Resolution. 2. The Supervisory Authority of Virtual Asset Service Providers shall, on its own initiative or in coordination with the concerned authorities, take the necessary measures to identify any person conducting Virtual Asset Service Provider activities without a license, registration, or listing, and to apply appropriate sanctions against them. Such measures may include: a. Reviewing public databases and open sources to identify relevant online advertisements or potential business solicitations made by any person who is not licensed, listed, or registered; b. Establishing feedback channels with the concerned authorities or communication channels to receive public feedback in this regard; c. Coordinating with the Unit to obtain relevant information available thereto; d. Reviewing non-public information, such as information relating to the refusal, suspension, restriction, or revocation of licenses, listing, or registrations, and any other relevant information held by law enforcement authorities.
Interpretation and application must be checked against the official text and current version.