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Payward, a unified financial infrastructure platform and the parent company of Kraken, has today announced it has secured Virtual Asset Service Provider (VASP) registrations from the British Virgin Islands Financial Services Commission (BVI FSC). This news further reinforces the jurisdiction's growing role as a global center for digital assets and blockchain-based finance.

The British Virgin Islands (BVI) has cemented its position as one of the world’s leading jurisdictions for digital assets and tokenised finance, accounting for over 10% of the global market for US tokenized treasuries  and $1.2 billion of stablecoins , according to new research published by BVI Finance. 

As global leaders in finance, regulation, and emerging technology gather in the British Virgin Islands this June, a parallel effort is ensuring that those valuable conversations do not remain confined to industry attendees. Through a new partnership, the H. Lavity Stoutt Community College (HLSCC) and BVI Finance are working together to translate high-level global dialogue into accessible, practical insight for the local community.

The British Virgin Islands (BVI) has recorded its strongest first quarter for new company incorporations in four years, according to the latest Quarterly Statistical Bulletin published by the BVI Financial Services Commission (FSC).

•The event returns to Necker Island and Oil Nut Bay, 22nd-24th June, bringing togetherregulators, fintech leaders and digital asset businesses for BVI Finance's flagshipannual summit •The three-day agenda covers digital asset regulation, tokenisation, decentralisedfinance and AI •The conference arrives at a pivotal moment as stablecoins, blockchain infrastructureand AI

The Law Enforcement Panel, "Beyond Filing: What Happens After You Submit a SAR?", was a lively and insightful session of the conference. Moderated by Adenike Sicard, Legal Chairperson of BVIACO and Managing Partner of Sinclairs (BVI), the discussion brought together representatives from the Financial Investigation Agency, the Royal Virgin Islands Police Force, the Immigration Department and the Office of the Director of Public Prosecutions for a practical look behind the scenes at how ...