{
 "jurisdiction_id": "CW",
 "jurisdiction": "Curaçao",
 "url": "https://cryptoassets.gi/jurisdictions/curacao/",
 "generator": "render_jid v13.3.0",
 "date_modified": "2026-08-17",
 "schema_version": "crypto-v2.0.0",
 "counts": {
  "modules": 8,
  "sourced_findings": 13,
  "source_register": 11
 },
 "modules": [
  {
   "code": "crypto_licensing",
   "name": "Crypto Licensing",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/curacao/#crypto-licensing-crypto-licensing",
   "standing_position": "The Cayman Islands regulates virtual asset businesses under the Virtual Asset (Service Providers) Act, 2020 (VASPA), administered by the Cayman Islands Monetary Authority (CIMA). VASPA originally established a phased registration/notification regime (Phase One, effective October 2020) followed by licensing for higher-risk activities. In 2025, the Virtual Asset (Service Providers) (Amendment) Regulations extended mandatory CIMA licensing specifically to virtual asset custody and trading platform businesses, effective 1 April 2025, with a transitional filing deadline of 29 June 2025 for incumbents. Existing CIMA-regulated entities may in some cases operate under a waiver rather than separate VASPA registration.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "token_classification",
   "name": "Token Classification",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/curacao/#token-classification-token-classification",
   "standing_position": "VASPA regulates by activity (exchange, transfer, custody, administration, issuance-related services) rather than through a MiCA-style differentiated token taxonomy. Security-type tokens and related dealing/advisory activity appear to fall under the separate Securities Investment Business Act (SIBA) framework, evidenced by crypto firms holding both VASP registration and a distinct Cayman securities investment business license. No CIMA-specific classification guidance for stablecoins, e-money tokens, asset-referenced tokens or NFTs was identified in this pass.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "on_chain_activity_regime",
   "name": "On-Chain Activity Regime",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/curacao/#on-chain-activity-regime-on-chain-activity-regime",
   "standing_position": "No CIMA guidance or Cayman statutory text specific to staking, DeFi lending, DEX operation, mining, node operation, validator activity, or tokenization was located in this research pass. VASPA's licensing scope (custody, exchange/trading platforms) is the closest analog but does not explicitly enumerate these on-chain activities in the secondary sources reviewed. This module is being emitted with an explicit research gap pending direct access to CIMA rulebooks or the Cayman legislation portal.",
   "findings": []
  },
  {
   "code": "stablecoin_regime",
   "name": "Stablecoin Regime",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/curacao/#stablecoin-regime-stablecoin-regime",
   "standing_position": "No bespoke Cayman Islands stablecoin-specific issuance authorisation, reserve requirement, redemption right, disclosure, or systemic designation framework was identified in this research pass. Stablecoins used as part of a VASP's exchange/custody/transfer services would likely fall under general VASPA licensing, but no CIMA stablecoin-specific rulebook was located.",
   "findings": []
  },
  {
   "code": "consumer_protection",
   "name": "Consumer Protection",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/curacao/#consumer-protection-consumer-protection",
   "standing_position": "CIMA's licensing gatekeeping function for VASPs incorporates consumer protection and market confidence considerations, as demonstrated in a contested license rejection where CIMA cited risk to consumer protection and market confidence as grounds for refusal. The SEC-CIMA supervisory cooperation MOU also identifies investor protection as a shared regulatory objective for cross-border regulated entities. No dedicated marketing-restriction, custody-segregation, or complaint-handling rulebook specific to virtual asset consumers was independently confirmed in this pass.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "tax_treatment",
   "name": "Tax Treatment",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/curacao/#tax-treatment-tax-treatment",
   "standing_position": "The Cayman Islands maintains a general zero direct-taxation regime applicable to all entities, including crypto asset businesses: no tax on income, capital gains, or dividend withholding. No Cayman-specific crypto tax statute (e.g., VAT/GST or a dedicated crypto reporting-obligation instrument) was identified; the general zero-tax framework is assumed to extend to crypto activity absent a carve-out.",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    },
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "cross_border_transfer",
   "name": "Cross-Border Transfer",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/curacao/#cross-border-transfer-cross-border-transfer",
   "standing_position": "The Cayman Islands imposes no general exchange control or currency restrictions, which extends to the movement of crypto assets absent a specific statutory carve-out. No crypto-specific outbound restriction, sanctions-nexus rule, or reporting-threshold instrument was independently identified. Cross-border supervisory cooperation (e.g., CIMA-ADGM FSRA enforcement collaboration, and the SEC-CIMA MOU) exists at the regulator level but this is not a claim under this module's enum (captured as disambiguation context in aml_cft_regime and consumer_protection).",
   "findings": [
    {
     "finding": null,
     "instrument_type": null,
     "source": null,
     "source_url": null,
     "source_tier": null,
     "retrieved_at": null
    }
   ]
  },
  {
   "code": "aml_cft_regime",
   "name": "AML/CFT Regime",
   "confidence": null,
   "moved_this_cycle": false,
   "url": "https://cryptoassets.gi/jurisdictions/curacao/#aml-cft-regime-aml-cft-regime",
   "standing_position": "Crypto AML/CFT obligations for JID=CW are governed by the FIM aml_ctf module and are intentionally not independently assessed or claimed in this crypto baseline to avoid duplicate ownership. For disambiguation only: Cayman Islands VASPs are subject to AML/CFT supervision by CIMA, and the Cayman Islands underwent CFATF/FATF mutual evaluation and was subsequently removed from the FATF increased-monitoring list in October 2023. Direct collaboration between CIMA and the Abu Dhabi Global Market Financial Services Regulatory Authority has also been cited by FATF as an example of cross-border VASP enforcement cooperation. No aml_cft_regime claims are produced here; see FIM.",
   "findings": []
  }
 ]
}