BVI PROMOTED AS A PREMIER JURISDICTION FOR VIRTUAL ASSETS AND FINTECH AT THE DUBAI FINTECH SUMMIT 2023
02/06/2023
The British Virgin Islands’ (BVI) was promoted as the premier jurisdiction for virtual assets and fintech at the Dubai Fintech Summit 2023 that was held on May 8 and 9. The Summit brought together thousands of leaders and enthusiasts in the financial technology industry to discuss the latest trends and innovations in fintech.
"Our participation in the Dubai Fintech Summit 2023 is an excellent opportunity to showcase the British Virgin Islands as a leading international finance centre for virtual assets and fintech," said Elise Donovan, CEO of BVI Finance. "We're excited to connect with industry leaders, particularly in the fintech space because it's always evolving, and the BVI is committed to staying abreast of these changing trends."
Visitors to the BVI Finance booth engaged with financial services professionals and learned about the benefits of virtual assets and doing business in the BVI. BVI Finance showcased the BVI's robust regulatory framework, favourable tax environment, and experienced financial services industry professionals as key factors that make the jurisdiction attractive for businesses operating in the virtual assets and fintech space.
The BVI's virtual assets and fintech industries have grown significantly in recent years, with a focus on innovation, security, and regulatory compliance. The BVI is also home to a number of virtual asset and fintech businesses, as well as a number of high-net-worth individuals who have chosen the BVI as their preferred jurisdiction for wealth management and asset protection.
BVI Finance's participation in the Dubai Fintech Summit 2023 underscores the jurisdiction's commitment to promoting itself as a leader in the virtual assets and fintech space. BVI Finance remains committed to fostering innovation and maintaining the highest standards of regulatory compliance in the financial services industry.