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flag Fiji bans virtual asset training; warns against illegal $300 courses promoting fake crypto transactions.

flag Fiji’s National Anti-Money Laundering Council warns citizens about illegal virtual asset training schemes, particularly those promoted by VitiCrypto via TikTok, charging $300 for online and in-person sessions. flag These programs falsely claim cryptocurrency transactions can be processed through money exchange platforms despite banks not supporting them. flag Under Fiji’s Budget Amendment Act 2025, all virtual asset service provider activities are illegal, with penalties up to FJD $1 million or 14 years in prison. flag Authorities stress that no virtual asset training or trading is lawful, regardless of labeling, and urge the public to avoid such activities and report suspicious ones to the National Consumer Helpline 155 or official channels.

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