Cayman Islands Crypto Licensing: VASP Act

In force / passed In force / passed: 1 Apr 2025 (in force)

Regulator: Cayman Islands Monetary Authority (CIMA)
Legal basis: Virtual Asset (Service Providers) Act
CIMA · VASP FAQ
CIMA · Amendments effective 1 April 2025
Official register: CIMA search of regulated entities · Format: HTML

What Is Changing

The Cayman Islands require virtual asset service providers to register with CIMA, which has been possible since 31 October 2020. Since 1 April 2025, custodians and trading platforms need a full licence.

Timeline

31 Oct 2020in force
VASP registration with CIMA begins under the Virtual Asset (Service Providers) Act (phase one).
Sources: CIMA · VASP FAQ official
1 Apr 2025in force
Phase two: amendments commence and the licensing regime starts for virtual asset custodians and virtual asset trading platforms.
Sources: CIMA · Amendments effective 1 April 2025 official

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

Cite This

VASP Tracker, “Cayman Islands crypto licensing: VASP Act”, https://vasptracker.com/en/ky/ (21 Oct 2026), CC BY 4.0.