Purpose

Establish and maintain the legal basis on which the LID applies to Bitkaya’s virtual asset services.

Normative

Bitkaya shall document which activities fall within the LID service perimeter and shall reassess that conclusion after changes to its services, the law or CBCS rules.

Descriptive

The 2017 consolidation must be read with Article 131 of the 2025 VASP Ordinance, which connects registered VASPs to the LID from 2025-07-01.

Source reference: LID Article 1; VASP Ordinance Article 131.

Assurance Assertions

  • The applicability assessment identifies Bitkaya’s regulated services.
  • Later amendments and CBCS implementing rules are monitored.
  • Material service changes trigger reassessment.

Relationships

Assurance

  • Source verified: yes
  • Implementation linked: yes
  • Wording unambiguous: review

History

  • 2026-07-26: Created from LID Article 1 and VASP Ordinance Article 131.