Cayman Islands:
Virtual Asset Enforcement Provisions To Commence
01 February 2021
Cayman Islands Government
To print this article, all you need is to be registered or login on Mondaq.com.
The public is advised that on Sunday, 31 January 2021, the
enforcement provisions outlined in the commencement order for the
Virtual Asset Services Providers (VASP) Act will commence.
The commencement order was published on 28 October
2020.
These enforcement provisions allow the Cayman Islands Monetary
Authority (CIMA) to take action where a person breaches certain
provisions of the VASP Act.
For more information, email CIMA at vaspinfo@cima.ky.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Technology from Cayman Islands
Crypto Bull Run
MK FINTECH PARTNERS LTD
Have been following the recent Crypto Bull Run? In this article, Max Frilot provides a brief but well-rounded explanation of the bull market together with expert advice and predictions of what that means for the future of cryptocurrencies and crypto markets.
EU Artificial Intelligence Act
George Z. Georgiou & Associates LLC
In a groundbreaking move in early December, the European Council and the European Parliament reached a provisional agreement on the text of the EU's new Artificial Intelligence Act, ...
Crypto Regulation In Offshore Jurisdictions
MK FINTECH PARTNERS LTD
In this article, Max Frilot outlines crypto regulation in offshore jurisdictions. Specifically, in the Seychelles, the British Virgin Islands (BVI), and the Cayman Islands.
Fintech: An Offshore Perspective
Harneys
FinTech lending is a decentralised form of lending which relies on technology and digital solutions to facilitate the process of soliciting applicants...