Neutral InterVASP Authorization Standard

YONA defines an open standard that allows Virtual Asset Service Providers (VASPs) to authorize one another directly before PII disclosure and settlement — without relying on card rails, bilateral integrations, or centralized registries.

Originator

VASP

Originator VASP

YONA

Shared Rulebook

  • • Auth Semantics
  • • Versioned Rulesets

Beneficiary

VASP

Beneficiary VASP

IVMS-101 Payload

Standard defined by InterVASP Joint Working Group

Settlement, compliance decisions, and PII handling remain entirely within participating VASPs.

YONA publishes a shared rule book with deterministic interVASP authorization rulesets. Utilizing verifiable identities (DIDs), signed messages, and end-to-end encryption, it provides a neutral, open standard for VASP-VASP coordination before settlement.

What YONA Does

  • Normative InterVASP authorization semantics
  • Deterministic ACCEPT / REJECT outcomes
  • Authenticated, DID-based counterparty discovery
  • Non-normative message and payload references
  • VASP conformance certificates for supported versions

What YONA Does Not Do

  • Custody assets or hold private keys
  • Route, settle, or execute payments
  • Process, store, or transport PII
  • Enforce compliance or transaction policy
  • Act as a transaction counterparty

Authorization Flows

InterVASP (Between VASPs)

Originator VASP

Originator VASP

YONA

Shared Rulebook

  • • Auth Semantics
  • • Versioned Rulesets

Beneficiary VASP

Beneficiary VASP
IntraVASP (Same VASP)
VASP
Internal EvaluationInternal Transfer