Cayman Islands Stablecoin Regulation
Stage: Live
Regulator: Cayman Islands Monetary Authority (CIMA)
The VASP Act (2024 Revision) governs stablecoin issuers as general virtual asset service providers, with Phase 2 licensing live from April 2025. No stablecoin-specific category, reserve, or yield rules exist. The VASP Amendment Bill 2025 may remove token issuances from regulated services if enacted.
Applicable Laws: Virtual Asset (Service Providers) Act, 2020 - https://www.globallegalinsights.com/practice-areas/blockchain-cryptocurrency-laws-and-regulations/cayman-islands/ Virtual Asset (Service Providers) Act (2024 Revision) - https://charltonsquantum.com/cayman-islands-virtual-assets-regulation/ VASP Act Phase 2 Licensing Regime - https://www.collascrill.com/articles/the-virtual-asset-service-provider-regulatory-policy-in-the-cayman-islands/ CIMA Revised VASP Regulatory Policy - https://www.collascrill.com/articles/the-virtual-asset-service-provider-regulatory-policy-in-the-cayman-islands/ Crypto-Asset Reporting Framework (CARF) and Amended CRS Implementation - https://boldergroup.com/resources/updates/cayman-crs-20-amp-carf-guide-2026-deadlines-for-asset-managers/ Virtual Asset (Service Providers) (Amendment) Bill, 2025 - https://www.jdsupra.com/legalnews/cayman-islands-digital-assets-december-4455202/ Cayman Islands Stablecoin Regulation
Stage: Live
Regulator: Cayman Islands Monetary Authority (CIMA)
The VASP Act (2024 Revision) governs stablecoin issuers as general virtual asset service providers, with Phase 2 licensing live from April 2025. No stablecoin-specific category, reserve, or yield rules exist. The VASP Amendment Bill 2025 may remove token issuances from regulated services if enacted.
Applicable Laws: Virtual Asset (Service Providers) Act, 2020 - https://www.globallegalinsights.com/practice-areas/blockchain-cryptocurrency-laws-and-regulations/cayman-islands/ Virtual Asset (Service Providers) Act (2024 Revision) - https://charltonsquantum.com/cayman-islands-virtual-assets-regulation/ VASP Act Phase 2 Licensing Regime - https://www.collascrill.com/articles/the-virtual-asset-service-provider-regulatory-policy-in-the-cayman-islands/ CIMA Revised VASP Regulatory Policy - https://www.collascrill.com/articles/the-virtual-asset-service-provider-regulatory-policy-in-the-cayman-islands/ Crypto-Asset Reporting Framework (CARF) and Amended CRS Implementation - https://boldergroup.com/resources/updates/cayman-crs-20-amp-carf-guide-2026-deadlines-for-asset-managers/ Virtual Asset (Service Providers) (Amendment) Bill, 2025 - https://www.jdsupra.com/legalnews/cayman-islands-digital-assets-december-4455202/ 