The Pacific Island nation of Nauru has appointed crypto entrepreneur Dadvan Yousuf as International Trade Commissioner, to help advance the country’s digital asset strategy and attract global investment. Nauru President David Adeang said the move is intended to strengthen cross-border cooperation with virtual asset service providers, financial institutions, and technology companies. Last year, Nauru established the Command Ridge Virtual Asset Authority (CRVAA) through legislation, as a dedicated regulatory agency responsible for overseeing crypto firms and licensed supervision of digital banks, among others. Previously, Dadvan Yousuf was subject to regulatory action by FINMA in Switzerland over events related to his founding projects; the Dohrnii Foundation and its founder carried out unlicensed regulated activities by issuing tokens such as DHN, and FINMA ultimately ordered their dissolution and liquidation. (Cointelegraph)