Matthew Cowman

1 month ago | mondaq.com | Matthew Cowman |Alex Drysdale |Iona Wright

Key TakeawaysThe BVI has a business-friendly regulatory framework that isfavourable for fintech and blockchain businesses. The BVI has become a prominent jurisdiction for digital tokenissuers. BVI business companies can be incorporated for the purpose ofacting as digital token issuers.

Nov 4, 2024 | mondaq.com | Matthew Cowman

Key takeaways Important changes are being made to the BVI companies law. The changes are expected to come into force in the near future and there will be a 6 months transitional regime for companies to comply with the new requirements. The changes are being made to ensure that the BVI meets evolving international standards and to maintain the reputation of the BVI as a leading offshore finance centre.