British Virgin Islands: Registration Requirements in Virtual Assets Service Provider Legislation
Progress
Current status
processing consultation
23 Sep 2022 processing consultation
09 Sep 2022 in consultation
Scope
Implementers
British Virgin Islands
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Closed consultation on draft Bill on Virtual Assets Service Providers (VASPs) Act establishing registration requirement for VASPs
On 23 September 2022, the British Virgin Islands (BVI) closed its consultation on the draft bill for the "Virtual Assets Service Providers (VASP) Act", intended to establish a legal framework for the registration of VASPs with the Financial Services…
SourceEvent type
law
Action type
consultation closed
Government branch
executive
Government body
central government
Opened consultation on draft Bill on Virtual Assets Service Providers (VASPs) Act establishing registration requirement for VASPs
On 9 September 2022, the British Virgin Islands (BVI) opened a consultation until closed on 23 September 2022 on a draft bill for the "Virtual Assets Service Providers (VASP) Act", intended to establish a legal framework for registration of VASPs wi…
SourceEvent type
law
Action type
consultation opened
Government branch
executive
Government body
central government