Blockchain.com wins Cayman custody license after MiCA and FCA approvals
Reported by Cointelegraph · AI-assisted summary by ChikoCorp AI News Desk
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Summary
Blockchain.com has obtained a virtual asset service provider (VASP) license from the Cayman Islands Monetary Authority (CIMA) to offer regulated custody services. This license, granted on July 22, 2026, permits Blockchain.com to provide crypto custody, as well as crypto-to-fiat and crypto-to-crypto exchange services in the Cayman Islands. The approval follows a conditional CIMA license issued in December 2025 and builds on the company’s existing VASP registration in the Cayman Islands since May 2022.
Why it matters
According to Blockchain.com's co-CEO Lane Kasselman, receiving the CIMA license is a key regulatory milestone following other approvals such as the Markets in Crypto-Assets Regulation (MiCA) license in Europe and registration with the UK Financial Conduct Authority (FCA). He emphasized that strong regulation is crucial for the long-term development of digital assets and that these approvals enhance Blockchain.com’s capacity to serve customers across the region.
Key context
Blockchain.com has been active in seeking regulatory approval to expand its cryptocurrency service offerings. The Cayman Islands Monetary Authority conditionally approved Blockchain.com’s VASP license in December 2025 before granting full licensure in July 2026. The firm also holds regulatory approvals in Europe under MiCA and in the UK via the FCA. These licenses reflect ongoing regulatory efforts governing crypto custody and exchange services in multiple jurisdictions.
Key numbers and entities
Blockchain.com; Cayman Islands Monetary Authority (CIMA); Markets in Crypto-Assets Regulation (MiCA); UK Financial Conduct Authority (FCA); license granted July 22, 2026; conditional approval December 2025; VASP registration since May 2022. The source does not provide other numerical data.
What remains unclear
The source does not flag open questions or limitations regarding the license conditions, the scope of services beyond custody and exchange, or potential operational impacts resulting from the approval.