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British Virgin Islands Regulatory Reform

Walkers

What the GENIUS Act means for the future of digital asset regulation

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The GENIUS Act marks a major milestone in US digital asset regulation, particularly for stablecoins. Jurisdictions like Bermuda, the British Virgin Islands (BVI) and the Cayman Islands are well-placed to meet increasing...more

Conyers

British Virgin Islands Removed from EU Tax Blacklist

Conyers on

Following a meeting of the Council of the European Union on 17 October 2023, the British Virgin Islands (“BVI”) was removed from the EU list of non-cooperative jurisdictions for tax purposes (Annex I), the EU’s so-called...more

Conyers

Restoration of BVI Companies Struck Off Before 1 January 2023

Conyers on

BVI companies that were struck off prior to 1 January 2023 were automatically dissolved and ceased to exist after 30 June 2023. Any assets held by such companies have now automatically been vested in the Crown. In order to...more

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