Policy Reference

Mongolia Crypto Regulation

Track Mongolia crypto laws, FRC registration, VASP requirements, virtual asset service rules, AML obligations, and compliance updates.

Financial Regulatory Commission of Mongolia, FRC
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Law database

1 law profile

Law / Bill
Draft Intro Committee Passed Enacted Effective
Mongolia Law on Virtual Asset Service Provider (2021) legalinfo lawId=16390242606091; adopted 2021-12-17 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Law of Mongolia on Virtual Asset Service Provider

Mongolia’s 2021 VASP Law establishes FRC registration and supervision for virtual asset service providers, including exchange, transfer, custody, public-offering services, AML/CFT controls, disclosures, and transition rules.

Last action: Apr 6, 2022 - Implementation rules approved

Profile Current Mongolian text: VASP Law

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