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With flexible and commercially minded legislation, an innovative approach to anti-money laundering (AML) compliance, political stability and an internationally recognised securities regulatory regime.

Following our September 2022 client advisory, the BVI Virtual Assets Service Providers Act, 2022 was enacted on 29 December 2022.

Throughout 2022, the British Virgin Islands (BVI) has remained one of the most significant international jurisdictions. According to the latest BVI Financial Services Commission...

FinTech lending is a decentralised form of lending which relies on technology and digital solutions to facilitate the process of soliciting applicants...

The British Virgin Islands have launched a new Fintech sandbox to encourage technological innovation in financial services under a lighter touch regulatory regime.

The tokens may also be exchanged for other well-known cryptocurrencies such as bitcoin or ethereum.

With effect from 1 December 2022, all BVI entities that fall within the definition of a virtual asset service provider (a "VASP"), as set out in the recently amended BVI Anti-Money Laundering Regulations (the "AML Regulations") and ...

It is unsurprising that modern wrongdoing often hides behind anonymity. In an offshore context, such “wrongdoing” may involve a sophisticated digital asset or cryptocurrency fraud...

The British Virgin Islands (BVI) is a top choice for blockchain and Web 3 projects, particularly for token issuance, decentralized finance (DeFi), and decentralized autonomous organizations (DAOs).

The BVI is a preferred international jurisdiction for fintech businesses as it is a well-established investment centre with a comprehensive, commercial virtual assets regime, which provides businesses with legal certainty.

In 2023, it was estimated that the value of assets under management by hedge funds was in the region of US $5 trillion. Increasingly, offshore jurisdictions such as the British Virgin Islands...

Carey Olsen has contributed to The Legal 500 Country Comparative Guide 2024 for Blockchain.

Our analysis of a recent court judgment in the ongoing liquidation of the high profile crypto-asset hedge fund Three Arrows Capital is by Nicholas Brookes and Romauld Johnson...

The BVI’s April 2026 update to its CRS Guidance Notes advances the implementation of CRS 2.0, expanding the scope of reportable accounts and introducing new compliance and reporting obligations ahead of the first reporting deadline on 31 May 2027.

Although cryptocurrencies are not 'new', it is only in recent years that ownership of digital assets has become widespread. Given the increased interest and value in the crypto market...

The government of the British Virgin Islands ("BVI") and the BVI Financial Services Commission ("FSC") – the principal financial services regulator – have progressed important initiatives in recent years that demonstrate.

The British Virgin Islands ("BVI") Virtual Assets Service Providers Act, 2022 ("VASP Act") came into force on 1 February 2023 and provides a registration regime for virtual asset service providers.