Blockchain.com has now secured their definitive Virtual Asset Service Provider (VASP) custody services licence from the Cayman Islands Monetary Authority (CIMA) through its Cayman Islands subsidiary.
Blockchain.com says that they are “doubling down” on their commitment to the local community.
In June, Blockchain.com partnered with TechCayman, the premier facilitator for global technology companies establishing a physical presence in the region.
Through this collaboration, the company will soon welcome its first on-island hire to support the growing operations and local ecosystem.
TechCayman is providing the sponsorship framework, operational support, and local network needed to seamlessly integrate Blockchain.com into the island's tech community.
Lane Kasselman, co-CEO at Blockchain.com, says: “Our VASP custody services licence builds on the regulatory momentum we've established with our recent MiCA and FCA approvals.
“We believe strong regulation is essential to the long-term development of digital assets, and these approvals further strengthen our ability to serve customers across the region.”
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