Policy Reference

British Virgin Islands

Crypto law profiles, official sources, milestones, and related coverage for British Virgin Islands.

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Law database

1 law profile

Law / Bill
Draft Intro Committee Passed Enacted Effective
British Virgin Islands Virtual Assets Service Providers Act, 2022 No. 17 of 2022 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

An Act to make provision for the registration and supervision of virtual assets service providers in relation to transactions involving virtual assets; the approval of provision of virtual assets custody service; and the approval of virtual assets exchanges; and to provide for other matters connected therewith.

BVI statute requiring FSC registration and supervision for VASPs operating in or from the Virgin Islands, with rules for exchanges, custody, AML/CFT controls, client assets, audits, advertising and enforcement.

Last action: Jul 31, 2023 - Transition deadline closed

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