Overview of Crypto regulations

Are individual investors of crypto assets subject to regulations in the Cayman Islands?


No, unless they fall under the definition of a Virtual Asset Service Provider (VASP).

"The Cayman Islands does not impose any restrictions or licensing requirements that are specifically targeted at the ownership, holding or trading of digital assets by those doing so for their own account.

(...) under the VASP Act, all VASPs (...) are required to be licensed or registered with CIMA, obtain a waiver or hold a sandbox licence."

Source: Global Legal Insights, last revised 2022


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