Cayman Islands Legislation

Virtual Asset (Service Providers) (Amendment) Bill, 2026

Government bill, sponsored by the Ministry of Financial Services and Commerce

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Gazetted
Published in the Gazette
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Introduced
5 March 2026
First appeared on the order paper
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Enacted
24 March 2026
Act 4/2026
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In force

What this law does

This bill updates Cayman Islands cryptocurrency regulations to clarify that when investment funds (mutual funds and private funds) issue digital tokens representing ownership stakes, these are not considered virtual assets under cryptocurrency law. It also adds definitions for tokenized mutual funds and private funds to align with other financial laws.

  • Excludes digital equity tokens issued by tokenized mutual funds from being classified as virtual assets
  • Excludes digital investment tokens issued by tokenized private funds from being classified as virtual assets
  • Adds legal definitions for 'tokenized mutual fund', 'tokenized private fund', 'digital equity token', and 'digital investment token'
  • Repeals the previous 2025 amendment to the Virtual Asset law

Who it affects: Investment fund operators (mutual funds and private funds), cryptocurrency service providers, and investors in tokenized investment products

This summary is AI-generated from the official document and may contain errors; it is not legal advice. Always consult the source text below.

Official documents

Debated in Parliament

Hansard sittings whose records mention this law:

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