Regulatory Update: Cayman Islands VASP Licensing Regime Now in Effect
By EsqSocial Corporation 23/04/25
The Cayman Islands Government has taken a significant step in the regulation of virtual asset service providers (VASPs) with the commencement of the licensing regime under the Virtual Asset (Service Providers) Act (as revised) (the VASP Act). The Virtual Asset (Service Providers) Act (Commencement) Order, 2025 (the Commencement Order) has now activated the requirement for certain virtual asset services, including custody services and the operation of a virtual asset trading platform, to be...
By: Conyers