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CIG preparing governance framework for cryptocurrencies

CIG preparing governance framework for cryptocurrencies

| 30/04/2018 | 34 Comments

(CNS): The Cayman Islands Government is working on a framework of governance for cryptocurrencies and digital coin projects taking place in the jurisdiction while it considers how to implement a legislative framework for the sector, which has grown to over $400 billion in a few short years. Responding to questions from CNS, the Ministry of […]

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Cayman caught in shadow of EU data regulation

Cayman caught in shadow of EU data regulation

| 23/04/2018 | 13 Comments

(CNS): As repercussions from the Facebook personal data scandal continue to reverberate around the world, a new directive from the European Union could have a major impact on the bottom line for any Cayman Islands company that holds any personal data of EU citizens. The Cayman Data Protection Law, which comes in to force next […]

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ICO phenomenon demands regulatory attention

ICO phenomenon demands regulatory attention

| 20/03/2018 | 38 Comments

(CNS): After Bitcoin took investors on a rollercoaster ride last year, 2018 is shaping up to be the Cayman Islands’ biggest year for cryptocurrency funded startups — known as initial coin offerings (ICOs) — as companies around the world look to cash in on the digital asset explosion. Against this burst of activity, however, questions […]

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