Is the Cayman Islands open to crypto?

And you could easily bring in your whole team with you. As things stand now, the Cayman Islands has a fairly flexible regulatory stance toward crypto. Though an explicit regulatory framework has not yet been established, as you can see from their implementation of Tech City, the government is clearly open to businesses in blockchain and crypto.

Do you know about the Cayman Islands?

Even if you’ve not been there in person and even if you don’t know where to place it on a map, you’ve definitely heard of the Cayman Islands. This mysterious archipelago is the go-to jurisdiction for Hollywood scriptwriters whenever nefarious activity involves offshore banking. And for good reason.

Is Cayman ready for blockchain?

The financial service industry in Cayman is well positioned to support this new decentralised economic model, and the Cayman Government is working hard to analyse and develop sensible measures for blockchain innovation to thrive.

Are digital assets regulated in the Cayman Islands?

The mining of digital assets is not regulated or prohibited in the Cayman Islands currently, nor will it (in and of itself) be regulated or prohibited under the VASP Act.