Section 24 (amended by section 4 of the Act of 2018) of the Act of 2010 is amended, in subsection (1) -
(a) in the definition of "financial institution" -
(i) in subparagraph (iii) of paragraph (g), by the substitution of "if section 2(6) of that Act did not apply," for "if section 2(6) of that Act did not apply;", and
(ii) by the insertion of the following paragraph after paragraph (g):
"(h) a virtual asset service provider;",
(b) by the substitution of the following definition for the definition of "property service provider":
"(c) ‘property service provider’ means a person who provides a property service within the meaning of the Property Services (Regulation) Act 2011;",
and
(c) by the insertion of the following definitions:
"‘custodian wallet provider’ means an entity that provides services to safeguard private cryptographic keys on behalf of its customers, to hold, store and transfer virtual currencies;
‘Electronic Identification Regulation’ means Regulation (EU) No.
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