[Fiji Reaffirms Comprehensive Ban on Crypto Service Providers] The Fiji National Anti-Money Laundering Council (NAMLC) has issued a statement reaffirming a comprehensive ban on Virtual Asset Service Providers (VASP), citing risks such as money laundering and terrorist financing associated with cryptocurrencies. NAMLC highlighted that the anonymity and cross-border nature of cryptocurrencies make them easily exploitable by criminals, while Fiji currently lacks effective regulatory capabilities. The council stated that this policy aligns with the standards of the Financial Action Task Force (FATF) but opts for a complete ban rather than regulation. Chairperson Selina Kuruleca emphasized that protecting the financial system and national security is the top priority, and the stance will be reassessed in the future based on the development of regulatory frameworks.