Nauru taps Bitcoiner Dadvan Yousuf for trade role in digital asset push

Nauru moves from building rules to promoting its digital asset framework as it looks to attract companies and cross-border partnerships.

Nauru has appointed crypto entrepreneur Dadvan Yousuf as an international trade commissioner to help advance its digital asset strategy and attract global investment.   

In a statement on Tuesday, President David Adeang said the appointment is part of the Pacific nation’s efforts to strengthen international partnerships and position itself as a hub for virtual asset activity. The government said Yousuf will support cross-border engagement with virtual asset service providers, financial institutions and technology firms.

The move comes less than a year after Nauru passed legislation establishing the Command Ridge Virtual Asset Authority (CRVAA), a dedicated regulator tasked with licensing and overseeing crypto firms, digital banks and other virtual asset activities.

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