BVI
British Virgin Islands
Dominican Rep.
Anguilla
St. Croix
Puerto Rico
St. Kitts & Nevis
Law and Practice Contributed by: Andrew Jowett, Patrick Gill and Jack Igglesden Appleby
WEST INDIES
Contents 1. Overview of Blockchain and Crypto-Assets p.151 1.1 Blockchain p.151 1.2 Crypto-Assets p.153 2. Regulation p.155 2.1 Regulators and International Alignment p.155 2.2 Crypto-Asset Regulatory Frameworks p.155 2.3 Regulated Firms and Legal Wrappers p.156 2.4 Token Issuance p.156 2.5 Market Abuse p.156 2.6 Non-Compliance p.157 3. Licensing and Set-Up Requirements p.157
3.1 Licensing Requirements p.157 3.2 Set-Up Requirements p.157 3.3 Change of Control p.158 3.4 Passporting p.159 4. Cross-Border Services p.159 4.1 Marketing p.159 4.2 White Labelling p.159 5. Decentralised Finance p.159 5.1 Ability to Use DeFi p.159 5.2 DeFi Structures p.159 5.3 Liability p.160 6. Payments and Stablecoins p.160
6.1 Payments p.160 6.2 Stablecoins p.160 7. Tokenisation and Real-World Assets p.161 7.1 Treatment p.161
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