This chapter provides the latest legal information on the British Virgin Islands' fintech market and regulation, including regulatory jurisdiction, sandboxes, AML rules and FATF standards; robo-advisers, online lenders and...more
The Virtual Assets Service Providers Act, 2022 (the “VASP Act”) came into force on 1 February 2023. The VASP Act regulates virtual asset service providers (“VASPs”) and requires that VASPs be registered with the BVI Financial...more
On 1 April 2025, several key updates will be made to the framework for the regulation of virtual assets in the Cayman Islands. These updates include the introduction and commencement of the VASP licencing framework for...more
Regulatory clarity in the digital assets and crypto space continues to be a moving target. Yet, the interest among policymakers and regulators worldwide has never been more pronounced. In the United States, 2024 was a pivotal...more
1/8/2025
/ AML/CFT ,
Anti-Money Laundering ,
Bitcoin Mining ,
Blockchain ,
British Virgin Islands ,
Compliance ,
Cryptocurrency ,
Digital Assets ,
FATCA ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinCEN ,
FinTech ,
Regulatory Agenda ,
Regulatory Requirements ,
Reporting Requirements ,
Securities Regulation ,
SIBA ,
Tax Authority ,
Taxation ,
Virtual Currency
Chris Duncan and Katrina Lindsay have authored the British Virgin Islands (BVI) chapter of Global Legal Insight's sixth edition guide to blockchain and cryptocurrency regulation. The chapter covers the BVI legal requirements...more
10/10/2024
/ Anti-Money Laundering ,
Blockchain ,
British Virgin Islands ,
BVI Business Companies ,
Cryptocurrency ,
Digital Assets ,
Digital Service Providers ,
Digital Wallets ,
Estate Planning ,
Financial Services Industry ,
Investment ,
Licensing Rules ,
Mining ,
Money Transfer ,
Popular ,
Regulatory Requirements ,
Reporting Requirements ,
SIBA ,
Succession Planning ,
Taxation ,
Testamentary Trust ,
Virtual Currency