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Caribbean
Saint Kitts & Nevis
Saint Kitts & Nevis has introduced a Virtual Assets framework under the Financial Services Regulatory Commission, providing licensing pathways for VASP activity.
regulatory maturity
Developing
market positioning
Structuring Vehicle
advisory suitability
Moderate
institutional readiness
Selective
A · Regulatory Scope
Scope, licensing and operational frame.
Scope of Regulation
Virtual Assets legislation under the FSRC establishes VASP licensing.
Who requires a licence
VASPs operating from Saint Kitts & Nevis.
Restricted activities
Unlicensed VASP activity.
Permitted activities
Licensed VASP activity under defined classes.
Practical & advisory implications
Substance, governance and AML/CFT controls align with FATF expectations.
B · Regulatory Timeline
Evolution at a glance.
2020
Virtual Asset Business Act enacted.
2024
Licensing framework refined.
C · News & Updates
Recent regulatory signals.
News2026-01-10
FSRC publishes updated VASP application guidance
D · Mercury Advisory View
"Saint Kitts & Nevis supports cross-border structuring with appropriate operational substance."
Mercury Regulatory Intelligence
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