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#90 - Offshore & Crypto in the BVI, Caymans and Guernsey with Chris Duncan

Law of Code

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The Future of DeFi in Cayman

The BVI VASB Act is in force as of February 1st, 2023. It doesn't regulate issuance of tokens of an entity's own tokens. And so I guess in theory, if it wanted to be like a platform for ICOs, that's probably regulated. But if I have a BVI company and I mint a token from my B VI company and I want to sell that, that in itself is not covered by the BVI regime.

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