Trinidad's Bitcoin & Crypto Ban: An UPDATE

Trinidad’s Virtual Asset and Virtual Asset Service Provider Bill has passed both the House and the Senate. But what does this mean for you?Guap co-founder Alexandra Lutchman joins the show to break down what happens next.🔗 Referrals:Orange Manufacturing GroupCustom-made and NFC-enabled Bitcoin accessories:➤ Hardwood Signs: https://geyser.fund/project/hardwoodsigns?refId=AAB21Q➤ Lightning Keychain: https://geyser.fund/project/lightningkeychain?refId=AAB21Q➤ SteelQR Sleeve: https://geyser.fund/project/steelqrsleeve?refId=AAB21Q➤ SeedSigner Case: https://geyser.fund/project/seedsignercase?refId=AAB21Q🌐 https://omg21btc.com/🟠 Subscribe / Follow:➤ YouTube: https://www.youtube.com/@AskaBitcoiner21Questions?sub_confirmation=1➤ Spotify: https://podcasters.spotify.com/pod/show/ask-a-bitcoiner-21➤ Twitter (X): https://twitter.com/askabitcoiner21➤ Instagram: https://www.instagram.com/askabitcoiner21questions➤ Fountain: https://www.fountain.fm/askabitcoiner21🟠 Find Alexandra on:Instagram: https://www.instagram.com/alexandra.lutch/Twitter: https://x.com/alexandralutchTwitter: https://x.com/guap_appCreditsHost: Saidah Gomez https://x.com/SaidahGomezChapters00:00 Introduction to Cryptocurrency Regulation in Trinidad and Tobago02:55 The Urgency Behind the Virtual Assets Bill06:10 Debate and Amendments: The Legislative Process08:58 Understanding FATF Compliance and Its Implications12:02 The Regulatory Sandbox: A New Approach14:49 Balancing Innovation and Regulation18:24 Understanding Compliance: The Sandbox Approach21:11 The Role of FATF: Caribbean Compliance and Influence25:45 The Urgency of Regulation: Preparing for Audits26:49 Privacy vs. Compliance: The KYC Debate29:00 Scams and Protection: The Need for Education32:43 Learning Through Experience: The Role of Government in Education33:57 The Impact of Scams on Cryptocurrency Trust34:32 Regulatory Challenges and Stereotypes in Bitcoin35:30 The Role of Education in Cryptocurrency Regulation36:57 Legislators' Understanding of Cryptocurrency38:49 Navigating Scams and Education in the Crypto Space40:41 Community Engagement and Regulatory Feedback42:49 The Future of Cryptocurrency Regulation in Trinidad44:59 The Ongoing Journey of Cryptocurrency Adoption