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Jamaica Crypto Licensing: VASP Act 2026

Date not set Commencement date of the Act and regulations and the FSC application window not yet announced (as of 1 Nov 2026).

Regulator
Financial Services Commission (FSC)
Legal basis
Virtual Assets Service Providers Act (passed Oct 2026) · VASP (Licensing) Regulations, 2026 (not yet in force)
Jamaica Information Service · Virtual Assets Regulations Approved In The Senate (31 Oct 2026)
Jamaica Information Service · Senate Approves Law to Establish Regulatory Framework for Virtual Assets (12 Oct 2026)
Jamaica Information Service · House Matters, 1 Oct 2026 (House approves Virtual Assets Bill)
Official register
No licensing register yet: the regime is not in force.
Pending
Commencement date of the Act and regulations and the FSC application window not yet announced (as of 1 Nov 2026).

What Is Changing

Jamaica has passed a Virtual Assets Service Providers Act: the House approved it on 1 October 2026 and the Senate in October 2026, and the Senate affirmed the VASP (Licensing) Regulations, 2026 on 30 October 2026. The Financial Services Commission (FSC) will license and supervise providers and plans supplementary supervisory rules. As of 1 November 2026 no commencement date and no FSC application window had been announced.

How Jamaica Compares

Where Jamaica stands: date not set. 6 of the 10 other jurisdictions in the Americas that VASP Tracker follows, nearest deadlines first:

JurisdictionFrameworkStatusKey date
BrazilSPSAVUpcoming6 Nov 2026 · bank/counterparty ban
United StatesGENIUS Act (stablecoin issuers)Upcoming18 Jan 2027 · takes effect
CanadaStablecoin Act (issuers)Date not set—
ArgentinaPSAV registryIn force / passed28 Apr 2025 · in force
El SalvadorDigital Assets LawIn force / passed1 Feb 2023 · in force
BermudaDABA 2018In force / passed10 Sep 2018 · in force

Statuses and dates come from the official sources cited on each jurisdiction's page. All 77 jurisdictions on one map

Timeline

  1. law adopted

    The House of Representatives approves the Virtual Assets Service Providers Bill.

    Sources: Jamaica Information Service · House Matters, 1 Oct 2026 (House approves Virtual Assets Bill) official

  2. law adopted

    The Senate has approved the Virtual Assets Service Providers Act (reported 12 Oct 2026). The Act introduces mandatory licensing, supervision and enforcement powers aligned with FATF Recommendation 15, with the Financial Services Commission as the regulatory authority.

    Sources: Jamaica Information Service · Senate Approves Law to Establish Regulatory Framework for Virtual Assets (12 Oct 2026) official

  3. law adopted

    The Senate affirms the Virtual Asset Service Providers (Licensing) Regulations, 2026, which set the FSC licence application requirements (ownership and control, management, safeguarding of customer assets, AML controls, technology risk, financial capacity) and ongoing duties such as annual declarations and seven-year record keeping.

    Sources: Jamaica Information Service · Virtual Assets Regulations Approved In The Senate (31 Oct 2026) official

A company-level tracker for Jamaica is in preparation. This page covers the rules and dates only. CSV

Cite This

VASP Tracker, “Jamaica crypto licensing: VASP Act 2026”, https://vasptracker.com/en/jm/ (1 Nov 2026), CC BY 4.0.