TIMES.KY

Cayman Islands, Caribbeanand International News
Saturday, Dec 21, 2024
Cayman Islands News
Add Your News
Virtual Asset Service Providers Legislation Published

Virtual Asset Service Providers Legislation Published

The Cayman Islands Government published the Virtual Asset Service Providers (Amendment) Act, 2020, Virtual Asset (Service Providers) (Amendment) Act, 2020 (Commencement) Order, 2021 and the Virtual Asset (Service Providers) (Savings and Transitional) Regulations, 2021 this month.

The Virtual Asset Service Providers (Amendment) Act, 2020 supports the continuing implementation of Cayman’s VASP regulatory framework by allowing persons engaged in virtual asset services to continue operating as the provisions of the Act are commenced.

The Virtual Asset (Service Providers) (Amendment) Act, 2020 (Commencement) Order, 2021 brings into force the Virtual Asset Service Providers (Amendment) Act, 2020 on Friday, 15 January 2021.

The Virtual Asset (Service Providers) (Savings and Transitional) Regulations, 2021 also comes into effect on 15 January. The regulations state the various implementation deadlines in effect.

You can find more information on Cayman’s VASP regulatory framework in form of FAQ.

Newsletter
Related Articles

Here's Why They Must Prevent Trump from Regaining the Presidency

Paper straws found to contain long-lasting and potentially toxic chemicals - study

Paper straws contain potentially toxic chemicals which could pose a risk to people, wildlife and the environment, a study has found.

US president Joe Biden fall asleep during his meeting with victims of the Maui fires in Hawaii

Joe Rogan has said: No one can win Trump

Joe Rogan has said: "With Trump... unemployment was down. Business was booming. Regulations were being relaxed. More things were getting done. When you look at it from a policy ...

FTX's Bankman-Fried headed for jail after judge revokes bail

US District Judge Lewis Kaplan on Friday revoked Sam Bankman-Fried's bail, after finding probable cause that the indicted founder of the bankrupt FTX cryptocurrency exchange tam...

Blackrock gets half a trillion dollar deal to rebuild Ukraine

BlackRock, JP Morgan set up 'reconstruction bank' for Ukraine.

Congressman alleges that covid was “pre-planned by an elite group of people. Event 201”.

US Congressman Ron Johnson has made notable claims suggesting that the outbreak of COVID-19 was 'pre-planned by an elite group of people' and cited 'Event 201' in his remarks. T...

Ecuador's Struggle with Prison Violence: A New Leadership Takes the Helm

Ecuadorean President Guillermo Lasso on Tuesday (Aug 8) named a new director for the country's prison agency, SNAI, following renewed violence in one of the nation's most violen...

These UFO claims are out of this world

Fox News host Laura Ingraham reacts to shocking details about UFOs on 'The Ingraham Angle.'

Former marine stops armed robber at Arizona gas station

Criminals are treated as victims, and victims are treated as criminals

Can’t make this up! Stockton convenience store owners who put the beat down on a would-be-thief in viral video are now under investigation for assault!

Zoom, which helped millions work from home during the pandemic, is requiring employees return to the office

Employees who live near a Zoom location must be on-site two days a week, a company spokesperson said. A “hybrid approach” is most effective for Zoom, she said, because it will b...
TIMES.KY
Add Your News
Playlist Hide
0:00
0:00
Open
0:00
0:00
Close
Paper straws found to contain long-lasting and potentially toxic chemicals - study
FTX's Bankman-Fried headed for jail after judge revokes bail
Blackrock gets half a trillion dollar deal to rebuild Ukraine
Israel: Unprecedented Civil Disobedience Looms as IDF Reservists Protest Judiciary Reform
America's First New Nuclear Reactor in Nearly Seven Years Begins Operations
Southeast Asia moves closer to economic unity with new regional payments system
Today Hunter Biden’s best friend and business associate, Devon Archer, testified that Joe Biden met in Georgetown with Russian Moscow Mayor's Wife Yelena Baturina who later paid Hunter Biden $3.5 million in so called “consulting fees”
Singapore Carries Out First Execution of a Woman in Two Decades Amid Capital Punishment Debate
Google testing journalism AI. We are doing it already 2 years, and without Google biased propoganda and manipulated censorship
Unlike illegal imigrants coming by boats - US Citizens Will Need Visa To Travel To Europe in 2024
Musk announces Twitter name and logo change to X.com
The politician and the journalist lost control and started fighting on live broadcast.
The future of sports
Unveiling the Black Hole: The Mysterious Fate of EU's Aid to Ukraine
Farewell to a Music Titan: Tony Bennett, Renowned Jazz and Pop Vocalist, Passes Away at 96
Alarming Behavior Among Florida's Sharks Raises Concerns Over Possible Cocaine Exposure
Transgender Exclusion in Miss Italy Stirs Controversy Amidst Changing Global Beauty Pageant Landscape
Joe Biden admitted, in his own words, that he delivered what he promised in exchange for the $10 million bribe he received from the Ukraine Oil Company.
TikTok Takes On Spotify And Apple, Launches Own Music Service
Global Trend: Using Anti-Fake News Laws as Censorship Tools - A Deep Dive into Tunisia's Scenario
Arresting Putin During South African Visit Would Equate to War Declaration, Asserts President Ramaphosa
Hacktivist Collective Anonymous Launches 'Project Disclosure' to Unearth Information on UFOs and ETIs
Typo sends millions of US military emails to Russian ally Mali
Server Arrested For Theft After Refusing To Pay A Table's $100 Restaurant Bill When They Dined & Dashed
The Changing Face of Europe: How Mass Migration is Reshaping the Political Landscape
China Urges EU to Clarify Strategic Partnership Amid Trade Tensions
Europe is boiling: Extreme Weather Conditions Prevail Across the Continent
The Last Pour: Anchor Brewing, America's Pioneer Craft Brewer, Closes After 127 Years
Democracy not: EU's Digital Commissioner Considers Shutting Down Social Media Platforms Amid Social Unrest
Sarah Silverman and Renowned Authors Lodge Copyright Infringement Case Against OpenAI and Meta
Italian Court's Controversial Ruling on Sexual Harassment Ignites Uproar
Why Do Tech Executives Support Kennedy Jr.?
The New York Times Announces Closure of its Sports Section in Favor of The Athletic
BBC Anchor Huw Edwards Hospitalized Amid Child Sex Abuse Allegations, Family Confirms
Florida Attorney General requests Meta CEO's testimony on company's platforms' alleged facilitation of illicit activities
The Distorted Mirror of actual approval ratings: Examining the True Threat to Democracy Beyond the Persona of Putin
40,000 child slaves in Congo are forced to work in cobalt mines so we can drive electric cars.
BBC Personalities Rebuke Accusations Amidst Scandal Involving Teen Exploitation
A Swift Disappointment: Why Is Taylor Swift Bypassing Canada on Her Global Tour?
Historic Moment: Edgars Rinkevics, EU's First Openly Gay Head of State, Takes Office as Latvia's President
Bye bye democracy, human rights, freedom: French Cops Can Now Secretly Activate Phone Cameras, Microphones And GPS To Spy On Citizens
The Poor Man With Money, Mark Zuckerberg, Unveils Twitter Replica with Heavy-Handed Censorship: A New Low in Innovation?
Unilever Plummets in a $2.5 Billion Free Fall, to begin with: A Reckoning for Misuse of Corporate Power Against National Interest
Beyond the Blame Game: The Need for Nuanced Perspectives on America's Complex Reality
Twitter Targets Meta: A Tangle of Trade Secrets and Copycat Culture
The Double-Edged Sword of AI: AI is linked to layoffs in industry that created it
US Sanctions on China's Chip Industry Backfire, Prompting Self-Inflicted Blowback
Meta Copy Twitter with New App, Threads
The New French Revolution
BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as ‘Surveillance-Sharing’ Partner
×