RE: Lloyd - good questions on bake TG by you.8 Dec 2025 06:40
Application submission deadline: December
31, 2025 (for legacy VASPs). GST applied in
September 2025, so they meet this deadline
2. Transitional operation allowance: Legacy
VASPs that submitted on time can continue
operating until a decision on their
application is made, even past January 1,
2026.
3. Processing times: Authorities may take 3-9
nonths to review, so there could be a gap
between submission and final approval
During that gap, GST is stillegally allowed to
operate.