Crypto & Digital Assets - Cayman Islands

RegulatedVirtual Asset (Service Providers) Act (as amended, 2024/2025) administered by the Cayman Islands Monetary Authority (CIMA), supported by the VASP Regulations, CIMA's Regulatory Policy on Registration or Licensing of VASPs (gazetted 23 May 2025) and the Rule & Statement of Guidance on Market Conduct for VASPs (Feb 2026).

The Cayman Islands regulates virtual-asset businesses under the VASP Act, supervised by CIMA, via a two-tier model: lower-risk activities require registration, while virtual-asset custody and trading-platform (exchange) operators must hold a full license. Phase Two of the regime took effect 1 April 2025, switching custodians and trading platforms from registration to licensing and adding governance, prudential and conduct obligations; a dedicated Market Conduct Rule was introduced in February 2026.

Machine-assisted translation · verified 5/23/2026 · orientation, not legal advice. English version →