Blockchain.com Secures Cayman Custody License After MIca and FCA Approvals
Blockchain.com has secured a virtual asset service provider (VASP) license from the Cayman Islands Monetary Authority to offer regulated custody services.
The license was granted on July 22, and it allows the company to provide crypto-to-fiat and crypto-to-crypto exchange services in the Cayman Islands. Blockchain.com has been registered as a VASP in the Cayman Islands since May 2022.
This is the latest regulatory milestone for the company, following its recent approvals under the Markets in Crypto-Assets Regulation (MiCA) and registration with the UK Financial Conduct Authority (FCA).
Lane Kasselman, co-CEO of Blockchain.com, said that these approvals 'further strengthen our ability to serve customers across the region.'