The sudden emergence and rapid growth of crypto-currencies and
other digital assets in recent years, combined with seemingly
unlimited potential applications for blockchain and distributed
ledger technologies in a range of industries, has led to an
unprecedented period of technological innovation and the emergence
of disruptive businesses and entirely new models of funding. As the
pace of technological change accelerates, the legal and regulatory
side of doing business is becoming more complex.
The Cayman Islands, Bermuda and the British Virgin Islands are
three of the world’s largest offshore jurisdictions. All
three have ambitions to become globally important technological
hubs and have taken steps in recent years to become attractive
destinations for technological entrepreneurs, especially those who
want to launch, host and develop digital assets using blockchain
technology.
