A Vanuatu policy consultant tells Cointelegraph the bill had been ready for a few years but had been delayed due to several cabinet changes.
The Pacific Island nation of Vanuatu expects to enact a long-awaited digital asset and service provider bill as early as September.
Vanuatu Financial Services Commission (VFSC) Commissioner Branan Karae mentioned in his opening remarks at a digital assets symposium, organized by the country's financial regulator on June 27, that the bill is expected to be enacted during the first week of Parliament.
VFSC policy consultant Loretta Joseph, who was a speaker at the conference, told Cointelegraph that the bill had been ready for a few years but had been consistently delayed due to several cabinet changes.