Cayman Islands implemented licensing rules for crypto companies

News story


Description

​The Cayman Islands will require all cryptocurrency custody and trading firms to obtain licenses starting April 1, 2025. Existing firms must apply by June 29, 2025, detailing asset security measures and operational specifics.

Maintainers

Faridah

Publish date

Mar 10, 2025 - 12:00am

Related topics

Policy & regulations

Sources

Cayman Islands tightens crypto rules with mandatory licenses starting April 1
Cayman Islands Now Requires Licensing for Crypto Custody and Trading Companies

Tags

Week 11 of 2025
03/10/2025

Referenced by

Companies will have a 90-day compliance window, which extends until July 1, 2025, to meet the necessary requirements

Crypto news

Quote

The Cayman Islands has introduced new crypto licensing regulations that will require virtual asset service providers (VASPs) offering custody and trading services to obtain approval from the Cayman Islands Monetary Authority.

Crypto news

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