Blockchain.com has secured a Virtual Asset Service Provider (VASP) custody license from the Cayman Islands Monetary Authority.
This development expands the company's regulated crypto services in the region, according to reporting from CoinTelegraph. The move comes after the company received approvals from other regulatory bodies, including those related to MiCA and the FCA.
Blockchain.com is a well-established company in the cryptocurrency space, providing a range of services and products to its users. However, the details of the license and the company's future plans in the region are not specified beyond the receipt of the VASP custody license.