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Walkers Acts on First Successful Virtual Asset Service Provider Registration

Walkers Cayman Islands is pleased to announce that it recently assisted a client with its successful application to become registered under the new Virtual Asset (Service Providers) Act (the “Act”). The registration approval is the first to be granted by the Cayman Islands Monetary Authority under the new Act, and represents a very exciting development in the growing virtual asset and FinTech industry in the jurisdiction.

The Walkers team was led by Regulatory & Risk Advisory partner Lucy Frew with assistance from associate Sabena Panesar.