BVI Cryptoasset Fraud Guide | Global Legal Post

Members of the Baker & Partners’ BVI and Cayman Islands teams have contributed to the second edition of the Global Legal Post Law Over Borders Cryptoasset Fraud Guide.

This second edition delivers a comparative analysis of Cryptoasset regulation in a rapidly evolving global legal landscape. It covers licensing, promotion, custody, AML, taxation and enforcement, as well as DAOs, smart contracts, insolvency and DeFi. Focused on practical application and regulatory divergence, it provides clear guidance for navigating complexity, risk, and emerging legal trends.

Associate Nia Statham and Partner Shaun Reardon-John wrote the British Virgin Islands chapter, which contains comprehensive guidance on Cryptoasset issues in the BVI, including: 

• VASP licensing and anti-money laundering requirements;
• Regulation of crypto advertising and influencer promotion;
• Rules governing crypto bankruptcy and insolvency;
• The legal treatment of DAOs and smart contract enforcement; and
• Expanded discussion on recourse and recovery tools for victims of crypto fraud, including practical considerations when it comes to cross-border enforcement in a complex and rapidly evolving space.

Read Now:
You can read the full British Virgin Islands chapter here: BVI Cryptoasset Fraud Guide.