Most significantly, to qualify for the registry, the applicant should additionally present a “registered workplace and, if totally different from the registered workplace, the executive workplace.” If the VASP’s workplace is in one other EU member state, a “everlasting institution” needs to be arrange within the Italian territory. Put merely, an operational workplace or bodily level in Italy is a requirement to qualify for the registry, the OAM instructed CoinDesk in a written assertion.
