Cayman Funds Feature: The Rise of Digital Assets Funds
The Cayman Islands has not passed bespoke regulation covering investments in cryptocurrencies, but the sector is steadily growing using existing laws. Sean Inggs of IMS explains to Cayman Funds why this is just the start - the number of alternative investment funds entering the cryptocurrency and digital asset class in the Cayman Islands is increasing and that, so far, the country’s existing regulatory standards have proved more than adequate for managing this fastgrowing sector.
While other countries may have rushed in legislation designed to either encourage the growth of this sector or regulate it (for better or for worse), Cayman remains the leading jurisdiction in the Caribbean for investment funds participating in the digital asset class.
Read the full article in the Cayman Funds Magazine by clicking here.
IMS is one of the longest established company management firms in the Cayman Islands. IMS is licensed by the Cayman Islands Monetary Authority to provide independent directors, company management and incorporation, mutual fund administration, captive insurance and trust services. For more information about our services, please contact us.
Disclaimer: this publication does not constitute legal or professional advice and should not be relied on as such.