Insights
Keep up to date with the latest developments surrounding legal and corporate structuring trends in the web 3 space.
February 7, 2023
Dubai’s VARA issues regulations for Virtual Assets
Dubai’s Virtual Asset Regulatory Authority (VARA), has issued its highly anticipated Virtual Assets and Related Activities Regulations 2023. The new regulations cover seven licensed VA activities.
February 1, 2023
Is Dubai the best option for Crypto Founders?
As crypto founders consider their strategies for taxes, regulations, and lifestyle, one common question they face is whether their home country is the best location for their projects or if they should look to relocate elsewhere. Dubai, in the UAE, is rapidly becoming the world's top crypto hub and a popular destination for market participants, such as investors, traders, and project founders.
January 19, 2023
Regulatory Change for UAE Crypto Businesses
The United Arab Emirates has seen considerable growth of its cryptocurrency and blockchain industry driven in part by the pro-active steps taken to introduce regulatory regimes for the sector. On 12 December 2022, the UAE Government issued Cabinet Resolution No.111 of 2022 on the regulation of Virtual Assets and Service Providers which came into force on 15th January 2023.
September 15, 2022
British Virgin Islands Crypto Regulation Updates - AML and VASP Law
Over the last 18 months, there has regularly been talk of the British Virgin Islands (BVI) introducing regulation for crypto and blockchain businesses as the jurisdiction seeks to align itself with international standards set by the Financial Action Task Force (FATF).
August 4, 2022
British Virgin Islands Crypto License (and why it doesn't exist!)
We often receive enquiries from projects who have heard about a British Virgin Islands (BVI) license for crypto and ask us to assist with obtaining one. In fact if you google “BVI Crypto License” you’ll find a number of providers offering to obtain crypto and blockchain licenses in the BVI.The truth however, is that no such thing exists!
August 3, 2022
British Virgin Islands (BVI) for crypto and blockchain
The British Virgin Islands (BVI) have become the jurisdiction of choice for many blockchain and crypto businesses seeking to establish corporate structures to carry out a range of activities from token offerings to crypto exchanges through to DeFi, dApps, NFT sales and marketplaces.