Cayman Islands to implement new crypto licensing rules from April 1

March 10, 2025, 9:45 AM

The Cayman Islands will implement new cryptocurrency regulations on April 1, requiring all crypto custody and trading platforms to obtain a Cayman Islands Monetary Authority (CIMA) license. According to Bitcoin.com News on X, existing virtual asset service providers (VASPs) must apply within 90 days of the rule’s enactment.

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