Statement By Deputy Premier On Digital Hub - Government of the Virgin Islands

Summary

The British Virgin Islands (BVI) is positioning itself as a major player in the global digital assets sector by implementing a strong regulatory framework, the Virtual Assets Service Providers Act (VASP), and leveraging its financial expertise. This aligns with international efforts like the OECD's Crypto-Asset Reporting Framework and Europe's Markets in Crypto-Assets (MiCA) to ensure regulatory compliance, investor protection, and combat financial crime within the cryptocurrency landscape.