Andorra -- Enforcement Actions Regulatory Overview

Andorra, a small European principality, has been working on establishing a regulatory framework for digital assets. The most significant piece of legislation in this regard is the Digital Assets Act (Ley 10/2022, de 23 de junio, de activos digitales), which was approved in June 2022 and came into force subsequently. This law provides a framework for the issuance, trading, and custody of digital assets, aiming to attract blockchain businesses while ensuring regulatory compliance.

Given the recent enactment of its comprehensive digital assets law and Andorra's relatively small financial market, there have been no widely publicized "significant" cryptocurrency enforcement actions fitting all your criteria (specific entity targeted, detailed violation, exact penalty amount, date, and outcome) within the last three years.

Here's why and what information is available:

1. New Regulatory Framework: The Digital Assets Act is relatively new. Enforcement actions typically follow the implementation of a regulatory framework as authorities gain experience, and entities operate under the new rules. The focus has largely been on establishing the legal grounds for operation, licensing, and compliance rather than widespread punitive actions against regulated entities.

2. Lack of Public Disclosure: Financial regulators in smaller jurisdictions, or those dealing with administrative penalties, do not always publicize enforcement actions with the same level of detail (especially specific penalty amounts for smaller infractions) as larger bodies like the US SEC or FCA.

3. Focus on Warnings for Unauthorized Activities: The primary financial regulator in Andorra, the Autoritat Financera Andorrana (AFA) (formerly Institut Nacional Andorrà de Finances - INAF), does issue public warnings against entities or individuals operating without proper authorization. These warnings often include activities that could involve cryptocurrencies (e.g., offering investment services, scams) but typically do not specify a "penalty amount" or an "outcome" in the sense of a fine levied against a specific, operating regulated crypto entity for a defined violation. Instead, they serve as a public alert not to engage with unauthorized firms.

In summary, as of early 2024 (covering the last three years: roughly early 2021 to early 2024), there are no publicly available records of significant cryptocurrency enforcement actions in Andorra that include all the detailed parameters you requested.

The AFA's public disclosures tend to focus on:

• Issuing regulations and guidelines.
• Warning the public about unauthorized entities operating in the financial sector, including those potentially involved in crypto scams or unlicensed activities.

General Information and Relevant Links (where such actions would typically be found):

• Regulator Name: Autoritat Financera Andorrana (AFA)
• AFA Official Website (News & Warnings sections): This is where any public warnings or regulatory updates would be posted.
  • AFA Official Website
  • AFA News and Press Releases (Check for "alertes" or "sancions")
  • AFA List of non-authorized entities or individuals and warnings (This section contains general warnings, but typically not specific enforcement action details with fines for crypto entities).

Should any significant enforcement actions occur in the future, information would likely be published on the AFA's official website under its news or public warnings sections.