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Gold
One platform for global traditional assets
Options
Hot
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SK Hynix
Real Korean stocks and top assets
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IPO Access
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GUSD
Mint GUSD for Treasury RWA yields
Stocks Activities
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Launch
CandyDrop
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Launchpool
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HODLer Airdrop
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IPO Access
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Alpha Points
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According to an interpretation released by Dawgen Global based on the consultation document from the Jamaica Financial Services Commission (FSC), Jamaica plans to establish a formal licensing system for Virtual Asset Service Providers (VASPs), with a public consultation period from June 11 to July 10, 2026. The proposed framework will establish six categories of VASP licenses, covering trading platforms, investment advisory, custody, broker-dealer services, wallet services, and virtual asset exchange services; applicants must meet a minimum paid-up capital of 16 million Jamaican dollars (approximately USD 100k), have a local entity, and comply with anti-money laundering requirements. Trading platforms and custodians must also submit independent audit proof of reserves at least quarterly. The relevant rules are still in the consultation phase and will take effect only after the proposed VASP Act is passed.