means a person who by way of business carries out one or more of the following activities for, or on behalf of, another person:
(a) exchange between virtual assets and fiat currencies;
(b) exchange between one or more forms of virtual assets;
(c) transfer of virtual assets, that is to say, conduct a transaction on behalf of another person that moves a virtual asset from one virtual asset address or account to another;
(d) custodian wallet provider;
(e) participation in, and provision of, financial services related to an issuer’s offer or sale of a virtual asset or both;
but does not include a designated person that is not a financial or credit institution and that provides virtual asset services in an incidental manner and is subject to supervision by a national competent authority, other than the Bank