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Update: Virtual Asset Service Provider Regime - Technology - Vimarsana News

Update: Virtual Asset Service Provider Regime - Technology

VASP Transitional Provisions The Virtual Asset Service Providers (Amendment) Act, 2020 ("VASP Amendment Act") is now in force, as of 15 January 2021.  The VASP Amendment Act supports the continuing implementation of Cayman Islands' virtual asset service provider regulatory framework by allowing persons engaged in the provision of virtual asset services ("VASPs") to continue operating as the provisions of the Virtual Asset (Service Providers) Act, 2020 (the "Act") are commenced.  Notably, the VASP Amendment Act brings the Virtual Asset (Service Providers) (Savings and Transitional) Regulatio...

Source: mondaq.com