Jurisdiction Regulation Intelligence

BVI Crypto Regulation

Track British Virgin Islands crypto laws, BVIFSC registration, VASP rules, custody and exchange requirements, AML obligations, and compliance updates.

British Virgin Islands Financial Services Commission, BVIFSC / FSC Official source
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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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