Regulator: Grenada Authority for the Regulation of Financial Institutions (GARFIN)
Grenada regulates virtual asset service providers (VASPs) under the Virtual Asset Business Act, 2021. While the law doesn't explicitly mention stablecoins or NFTs, its broad definition of "virtual assets" allows discretion to including stablecoins under licensing, AML/CFT, prospectus, and escrow requirements. Grenada also participates in an ECCB pilot (DCash), testing digital currency alongside the national currency.
Applicable Laws:
Virtual Asset Business Act, 2021 - https://charltonsquantum.com/grenada-virtual-assets-regulation/
