The Cayman Islands Consults on Rules for Providing Crypto Services

The Cayman Islands Consults on Rules for Providing Crypto Services

In January 2021, the Cayman Islands introduced a compulsory licensing regime for Virtual Asset Service Providers (VASP) under the Virtual Asset (Service Providers) Act 2020 (the VASP Act). Consultation on draft rules and guidelines can be called the second phase of the regime.

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