
Nauru becomes first Pacific nation to establish dedicated crypto regulator
Nauru has become the first Pacific nation to establish a dedicated regulatory authority for virtual assets. The Pacific nation of Nauru [passed](https://advancenauru.com/2025/06/17/republic-of-nauru-becomes-first-pacific-country-to-launch-digital-asset-regulator/) legislation on June 17 to create the Command Ridge Virtual Asset Authority, an autonomous body that will oversee cryptocurrency, digital banking, and Web3-related services. Under the new law, the CRVAA will introduce a licensing regime for virtual asset service providers, allowing them to register and operate using Nauru as a legal base. Although cryptocurrencies were already legal in Nauru, trading until now existed in a largely unregulated environment, with no specific oversight, licensing requirements, or regulatory framework in place. Under the new legislative framework, legal definitions have been introduced for various crypto-related activities.







