Crypto▲ Bullish
Blockchain.com Secures Cayman Islands VASP Custody Licence
The CIMA licence allows Blockchain.com to offer custody, exchange, and staking services in the Cayman Islands, with plans to expand its physical presence and hire locally.
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Blockchain.com received a Virtual Asset Service Provider custody license from the Cayman Islands Monetary Authority, the company said. The license, granted through the company's local subsidiary, allows it to offer custody services and exchange between virtual assets and fiat currencies, as well as other convertible virtual assets.
“Strong regulation is essential to the long-term development of digital assets,” Co-CEO Lane Kasselman said.
The approval took effect on July 22, 2026, after Blockchain.com met all conditions attached to a conditional approval CIMA granted in December 2025.
“Our VASP custody services licence builds on the regulatory momentum we've established with our recent MiCA and FCA approvals,” Kasselman said. “We believe strong regulation is essential to the long-term development of digital assets, and these approvals further strengthen our ability to serve customers across the region.”