Policy Reference

Cayman Islands

Explore Cayman Islands crypto laws, including VASP registration, licensing, taxes, AML compliance, and digital asset regulation.

Cayman Islands Monetary Authority, CIMA
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Law database

2 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Cayman Islands Virtual Asset (Service Providers) Act Law 14/2020; Act 4/2026 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

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Virtual Asset (Service Providers) Act

Cayman Islands VASP framework requiring registration or licensing for virtual asset services, with CIMA licensing for custody and trading platforms, AML/CFT duties, waivers and tokenised-fund boundary amendments.

Last action: Mar 24, 2026 - Virtual Asset (Service Providers) (Amendment) Act, 2026 published, amending virtual asset issuance definitions and repealing the 2025 amendment.

Profile State source
Virtual Asset (Service Providers) (Amendment) Act 2024 Act 22 of 2024 Partially effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Virtual Asset (Service Providers) (Amendment) Act, 2024

Cayman Islands amendment advancing Phase Two of the VASP regime by licensing custody and trading-platform services, tightening governance, AML transfer records, custody safeguards and CIMA powers from Apr. 1, 2025.

Last action: Apr 1, 2025 - Specified provisions commenced

Profile Virtual Asset (Service Providers) (Amendment) Act, 2024

Information is for general purposes only and not legal advice. See full disclaimer.