Nexo sues Cayman Islands regulator over VASP license denial
The Cayman Islands watchdog cited ongoing legal troubles as it rejected the VASP application, but Nexo argues this wasn’t enough reason to deny the license.
The Cayman Islands watchdog cited ongoing legal troubles as it rejected the VASP application, but Nexo argues this wasn’t enough reason to deny the license.
Thailand's Securities and Exchange Commission has filed a criminal complaint against Binance, saying the exchange was operating in the country without a license.
The British Overseas Territory recently announced the new regime for virtual asset service providers, with the Ministry of Financial Services publishing a preliminary set of rules with immediate effect.
The Cayman Islands has proposed a legal framework for the digital currency industry, including a regulatory sandbox for companies to build their products.
The new trading platform comes as the Cayman Islands government is diligently working to clean up its financial image.