Veteran Aussie Banker Brian Phelps Tapped to Lead Nauru’s New Crypto Regulator
- The government of Nauru has launched the Command Ridge Virtual Asset Authority (CRVAA) to oversee virtual asset transactions, enforce cybersecurity, and license crypto service providers.
- Brian Phelps, former CommSec markets GM with 21 years of experience, has been named the inaugural head of the CRVAA.
- Nauru’s President David Adeang claimed that the CRVAA aims to innovate for economic resilience and higher living standards while ensuring top-tier governance and compliance for investor trust in the digital finance sector.
Australia’s smallest neighbor is getting serious about crypto oversight. Nauru has appointed Brian Phelps, a veteran of Australian financial markets, as the inaugural head of the Command…
