The Financial Services Commission of the British Virgin Islands has released the Guidance on Regulation of virtual assets in this country.

The Commission’s guidance provides clarity on the applicability of existing legislation to virtual asset related activities. Persons engaged in these activities should review the guidance and ensure they adhere to the Commission’s position on the activities within its regulatory remit. Thereby safeguarding against any violation of financial services laws relating to use of or trading in virtual assets in or from within the Territory.

If you would like to download the guide, please click here.