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Debate on the government’s proposed bill to regulate the crypto-currency industry descended into a farce as procedural manoeuvres prevented the discussion of more than 200 proposed amendments which were given to the opposition minutes before the debate began in Parliament on November 21.

The Virtual Assets and Virtual Assets Service Providers Bill, 2025 was first brought before the Parliament in September by Finance Minister Davendranath Tancoo.

After the bill’s first reading, Tancoo along with Attorney General John Jeremie, Central Bank governor Larry Howai and crypto industry stakeholders met and discussed the legislation.