Digital-Asset Firm Gains Conditional VASP License in Cayman Islands

2026-01-06 11:35:53

Source: CryptoNewsNet Original Title: Crypto.com Gains Conditional VASP License in Cayman Islands Original Link: A major digital-asset company has announced it received conditional approval from the Cayman Islands Monetary Authority (CIMA) to operate as a Virtual Asset Service Provider (VASP), becoming the first digital-asset firm to obtain such authorization in the jurisdiction.

The license builds on the company’s earlier VASP registration in August 2022 and will allow it to expand its exchange platform for advanced traders and institutions.

“The firm has built its foundation for growth and success on regulation and compliance,” according to leadership statements. The company expects full authorization in the coming months after submitting the remaining required materials, which will enable broader product offerings in line with local market regulations.

Key Details

License Type: Conditional Virtual Asset Service Provider (VASP) license from CIMA
Announcement Date: January 5, 2026
Jurisdiction: Cayman Islands
Significance: First digital-asset firm to secure conditional VASP authorization in the Cayman Islands, paving the way for expanded services

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