TechFlow news, on November 23, Trinidad and Tobago's Parliament passed the Virtual Assets and Virtual Asset Service Providers Bill by a vote of 25 to 11, establishing a regulatory framework for cryptocurrency activities in the Caribbean nation. The bill aims to meet the anti-money laundering and counter-terrorist financing standards of the Caribbean Financial Action Task Force (FATF), in preparation for FATF's on-site evaluation scheduled for March 2026. Chaos preceded the bill's passage, with the opposition accusing the government of violating parliamentary procedure by submitting a 48-page document containing over 200 amendments just minutes before debate began. Critics expressed concerns that the bill may be overly restrictive and hinder innovation, but the government maintained that the amendments were based on extensive consultations with the central bank, securities regulators, and industry stakeholders.
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