Key facts
- Blockchain.com obtained a VASP custody license from the Cayman Islands Monetary Authority.
- Blockchain.com is establishing a physical presence in the Cayman Islands.
- Blockchain.com secured regulatory registration in the UK from the Financial Conduct Authority (FCA).
- Blockchain.com is preparing for new UK crypto regulations.
- The company is expanding its operations in the Cayman Islands.
Blockchain.com has achieved a significant milestone by securing a Virtual Asset Service Provider (VASP) custody license from the Cayman Islands Monetary Authority (CIMA). This license permits Blockchain.com to offer custody services for digital assets within the jurisdiction. The company is also establishing a physical presence in the Cayman Islands, indicating a commitment to expanding its operational footprint in this key financial hub. In parallel, Blockchain.com has successfully obtained regulatory registration in the United Kingdom from the Financial Conduct Authority (FCA). This UK registration positions the company to comply with and operate within the forthcoming regulatory framework for crypto assets in the country. The dual regulatory approvals in both the Cayman Islands and the UK represent a strategic move by Blockchain.com to bolster its global compliance and operational capabilities as the digital asset industry matures and faces increasing regulatory scrutiny worldwide.