The Digital Assets Business Act (DABA) 2020, fully effective in May 2021, regulates all digital asset businesses, including stablecoins (fiat-, crypto-, commodity-, and algorithm-backed). It sets up licensing, AML/KYC, capital requirements, audits, disclosures, and heavy penalties for non-compliance.
Applicable Laws:
Digital Assets Business Act - https://en.wikipedia.org/wiki/Antigua_and_Barbuda_Digital_Assets_Business_Act
