Blockchain.com, the supplier of crypto answers for buyers, price range, allocators, VCs, and crypto operators, introduced lately that it has secured registration within the Cayman Islands.
The corporate can now supply regulated custodial products and services, function an change, and be offering OTC crypto brokerage products and services for institutional purchasers below the Cayman Islands Financial Authority (CIMA).
This registration is a part of Blockchain.com’s dedication to world compliance and legislation in each and every jurisdiction the place it operates. Additional, it additionally is helping Blockchain.com higher toughen its institutional purchasers, which the corporate experiences accounts for round part of its income.
“Whilst some crypto firms have arrange within the Bahamas or the British Virgin Islands, Blockchain.com has selected Cayman for its trust in fostering innovation in crypto and finance and since such a lot of monetary establishments consider the rigor of the Cayman regulatory regime. Because the cryptocurrency area matures, establishments want regulatory readability greater than ever. In reviewing how other locales treated crypto, CIMA stood out for its forward-thinking steering round virtual asset legislation, together with its efforts to construct a regulatory framework for digital asset carrier suppliers.”
– The Blockchain.com Workforce
Subsequent, Blockchain.com is taking a look to protected extra registrations within the U.S., Germany, Italy, France, and Spain.
For more info see Blockchain.com’s registration at the CIMA registry for crypto firms.