El Salvador
El Salvador, a vibrant nation with a rich cultural tapestry and historical significance, has carved out a unique niche for itself in the global financial landscape by embracing cryptocurrency. In 2021, under the leadership of President Nayib Bukele, El Salvador became the first country in the world to recognize Bitcoin as a legal tender alongside […]
Bermuda
Bermuda’s progressive stance on digital assets has made it an attractive jurisdiction for VASPs, offering a supportive environment for blockchain and cryptocurrency businesses. With clear regulations and a commitment to transparency, Bermuda provides a stable and secure base for VASPs to thrive in the rapidly evolving digital asset landscape. Key Advantages: Unparalleled Financial Reputation: Bermuda […]
Cayman Islands
The Cayman Islands, a British Overseas Territory, has emerged as a prominent destination for establishing Virtual Asset Service Providers (VASPs). With its robust regulatory framework, favorable tax regime, and well-established financial infrastructure, the Cayman Islands offers an attractive environment for VASPs seeking to operate globally. The Cayman Islands Virtual Asset Service Providers Act, 2020 (VASP […]
Saint Vincent & the Grenadines
Saint Vincent and the Grenadines (SVG), a nation of volcanic islands in the Eastern Caribbean, is taking proactive steps to establish a robust legal framework for Virtual Asset Service Providers (VASPs). This initiative is being spearheaded by the introduction of a VASP Act, designed to regulate the activities of VASPs operating within SVG’s jurisdiction. A […]
