VASP licence (trading platform)
Where: Cayman Islands — CIMA. We build the file, submit it and follow it through to the decision of the competent authority. The authorisation is granted to your company; no decision can be guaranteed.
Updated on 6 November 2026 · Published under the responsibility of Jason Pivron, director · Who we are
Where it is obtained
Cayman Islands — CIMA
Capital, as recorded in our catalogue
The highest of risk-based capital or six months of fixed overheads
Held by your company; not part of our fees.
What the file covers
Licence required since 1 April 2025 to operate a virtual asset trading platform or hold virtual assets in custody, under the Virtual Asset (Service Providers) Act; a Cayman registered office, a compliance officer, an MLRO and a deputy, directors assessed.
- Assembling the regulatory file and responding to further requests.
- Renewal and monitoring of the obligations: every year, by 15 January.
How the file runs
The same five steps for every licence: a 20-minute call, a firm quote, the regulatory file (here: licence required since 1 april 2025 to operate a virtual asset trading platform or hold virtual assets in custody, under the virtual asset (service providers) act; a cayman registered office, a compliance officer, an mlro and a deputy, directors assessed), filing and follow-up to the decision of CIMA, then what follows the decision. The steps in detail →
After the decision: Renewal fees are paid every year by 15 January; late payment carries a monthly surcharge. Reviewed on 30 September 2026 Source
Fees
On request — after an enhanced compliance review.
Excluding tax and regulatory capital; government and regulator fees included; firm quote before signature.
Documents required
The list for « VASP licence (trading platform) » is given after the call, in your client space. The baseline documents →
Questions
Where can the VASP licence (trading platform) be obtained?
Cayman Islands, from CIMA (Cayman Islands — CIMA).
What capital is required?
The highest of risk-based capital or six months of fixed overheads.
How much does it cost?
On request: this activity is high-risk, and the file first goes through enhanced compliance review; the price is given after that review.
What does the file cover?
Licence required since 1 April 2025 to operate a virtual asset trading platform or hold virtual assets in custody, under the Virtual Asset (Service Providers) Act; a Cayman registered office, a compliance officer, an MLRO and a deputy, directors assessed.
Does the VASP licence (trading platform) have to be renewed?
Renewal fees are paid every year by 15 January; late payment carries a monthly surcharge. (Reviewed on 30 September 2026.)
Is the licence guaranteed?
No. The authorisation is granted to your company by the competent authority, never by us: we build the file, submit it and follow it through to the decision, which no one can guarantee.
The same family, elsewhere
- Virtual asset service provider (VASP) registrationGeorgia — National Bank of Georgia
- Digital asset service provider (DASP) registrationEl Salvador — CNAD
- VASP registration (virtual assets exchange)British Virgin Islands — FSC
- Digital Currency Exchange registrationAustralia — AUSTRAC
- Crypto asset service provider FSP licenceSouth Africa — FSCA
Where these figures come from
Information from our catalogue as of 16 October 2026. Checked again with CIMA before any filing; not advice.