Kismet is a leading organization in virtual assets rating, focused on creating value through thought leadership. Kismet’s methodologies and rating solutions, help countries and Virtual Asset Service Providers (VASPs) to increase trust and credibility and enable stakeholders to identify opportunities, manage the risks of doing business with Virtual Assets (VA), and make better decisions.
The Kismet people come from diverse generations and have varied cultural backgrounds. They have solid academic and distinct professional experience. Together they identify risks that VAs and VASPs are exposed to and design solutions to manage them in a sustainable manner.
In the conceptual framework, the different concepts related to VA and VASP are defined, to facilitate a broad understanding about complex concepts, by providing a common language, between the different key actors and between them and all the other stakeholders.
The recommendations establish the basic principles for the implementation and management of a VA ecosystem, at strategic, legal and regulatory level, as well as regarding operational and risk management, aiming for medium and long-term sustainability.
The risk assessment methodology defines the set of rules to be applied to assess the correct adoption and implementation of the recommendations.