Exness Employee Becomes Vanuatu's Stablecoin Commissioner
Jackson Miake appointed as the new stablecoin regulator for Vanuatu.
1Jackson Miake's New Role
Jackson Miake has been appointed as Vanuatu's Commissioner of Stablecoins. This position will play a key role in the country's financial oversight system. Miake previously worked as a Compliance Specialist at Exness.
2Vanuatu's Stablecoin Legislation
Vanuatu's Parliament passed the Stablecoins Bill in 2025. This law covers licensing for issuers, reserve requirements, and regulatory supervision. It also establishes a Stablecoin Supervisory Commission (SSC).
3Commissioner's Responsibilities
The Commissioner is responsible for convening SSC meetings, coordinating the implementation of decisions, and preparing annual strategic plans. The role also provides secretariat support to the SSC. At least five years of senior management experience is required for the appointment.
4Miake's Career Background
Miake previously served as ICT Policy Manager at Vanuatu's Department of Communications Digital Transformation. He also interned at the Australian Cyber Security Centre. He holds a Bachelor's degree in Computer Science.
5Appointment Process
No official statement has been released regarding the appointment process or how statutory eligibility requirements were assessed. This has raised questions about transparency.
6Importance of Financial Regulation
Vanuatu's stablecoin regulations aim to strengthen its position in the global financial system. Miake's appointment is seen as a significant step in the country's fintech advancements.