The Securities and Exchange Commission, SEC, has developed new guidelines designed to license, register and screen digital and virtual assets service providers,VASPs. The new guideline known as AML/CFT/CPF stands for the Anti-Money Laundering/ Combating the Financing of Terrorism/Counter-Financing of Proliferation. This initiative would ensure that “criminals are not registered as operators” in the capital market. SEC had submitted the new guideline to the heads of government agencies anti-money laundering committee. The guidelines are undergoing final review and will be made available for com…