Jan 14, 2021 | Information
The Cayman Islands Government published the Virtual Asset Service Providers (Amendment) Act, 2020, Virtual Asset (Service Providers) (Amendment) Act, 2020 (Commencement) Order, 2021 and the Virtual Asset (Service Providers) (Savings and Transitional) Regulations, 2021...
Dec 16, 2020 | Media Release
The Virtual Asset (Service Providers) (Amendment) Bill, 2020, Companies (Amendment) (No. 3) Bill, 2020, and the Property (Miscellaneous Provisions) (Amendment) Bill, 2020 were presented by the Minister of Financial Services, the Hon. Tara Rivers. The Virtual...
Nov 12, 2020 | Information
For more information, please review the Cayman Islands Monetary Authority’s supervisory circular. What are VASPs? Virtual asset service providers (VASPs) are persons and entities whose businesses, on behalf of another person or entity, provide certain services...
Oct 31, 2020 | Media Release
In Cayman, a virtual asset is a digital representation of value that can be electronically traded and used for investment purposes. A common type of virtual asset is a cryptocurrency. The VASPs legislation allows for the supervision of persons and entities who are...
Apr 30, 2020 | Covid, Media Release
The Cayman Islands Government has taken significant steps to advance the financial technology capabilities of the jurisdiction through proposed legislation pertaining to virtual asset service providers. The Virtual Asset (Service Providers) Bill, 2020; the Monetary...
