Bullish
Blockchain.com Secures Cayman VASP License for Custody and Exchange Services
2026-08-06 21:05
Blockchain.com obtains Cayman Islands VASP license, enabling institutional custody, staking, and fiat-crypto exchanges, expanding its global regulatory footprint.
Woofun AI reports that Blockchain.com has secured a Virtual Asset Service Provider (VASP) custody service license from the Cayman Islands Monetary Authority (CIMA) via its local subsidiary. The authorization permits the exchange of cryptocurrencies for fiat currencies and vice versa, alongside virtual asset-to-asset trading. Consequently, the firm is now qualified to offer institutional custody, institutional staking, and retail staking services. This approval supplements its existing VASP registration held since May 2022, as well as prior regulatory milestones including a MiCA license in the EU and FCA registration in the UK.
WOOFUN AI
Impact Assessment · Quick Read
Securing a Cayman Islands VASP license strengthens Blockchain.com’s compliance infrastructure for serving institutional clients in a key offshore financial hub. The ability to offer custody and staking services may enhance revenue streams from high-net-worth and corporate users seeking regulated solutions. Combined with existing EU and UK approvals, this move signals a continued strategy of broadening global regulatory coverage to support cross-border asset management.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.