Nauru has a commenced national virtual-asset statute, the Command Ridge Virtual Asset Authority Act 2025 (Act No. 25; certified and commenced 17 Jun 2025 per s.2), creating the CRVAA and requiring a licence for regulated VA services, expressly including stablecoin issuance (s.15(f)). The Act is an operating licensing framework, not a ban, but published subsidiary regulations prescribing application forms, fees, and detailed issuer standards were not identified through mid-August 2026, and official risk-assessment materials describe the VASP sector as not yet operational with no licensees. AML/CFT duties sit under the AML-TFS Act 2023 and FIU VASP Policy. No dedicated stablecoin reserve, redemption, or capital rulebook exists beyond the activity listing. No licensed stablecoin issuer was identified.
Applicable Laws:
Anti-Money Laundering and Targeted Financial Sanctions Act 2023 - https://justice.gov.nr/wp-content/uploads/2024/06/Virtual-Asset-Service-Provider-Policy.pdf
