British Virgin Islands Digital Assets - December 2025 Update

The BVI continues to be the jurisdiction of choice for token issuers and for token generation activities. This is on the basis that the BVI Virtual Assets Service providers Act, 2022 (the "VASP Act") does not currently regulate the primary issuance of tokens. The BVI was at the forefront of the ICO boom of 2017-2018, and remains at the forefront as innovative new use cases for tokens continue to evolve and emerge, as demonstrated most recently by the launch of a BVI tokenised fund, and the use of BVI vehicles for tokenising real world assets and for the issuance of stablecoins. The BVI's well-established legal system and flexible business companies legislation, together with the regulatory clarity offered by the VASP Act, have played a critical role in positioning the BVI as the premier jurisdiction for token issuances.