HHB advised on the regulatory and licensing framework applicable to Cross-Border Services Cryptocurrency Services in Grenada, as part of a comprehensive regional market scan.
The advice addressed the permissibility of Cryptocurrency operations on an offshore basis, licensing requirements (or exemptions) under local financial services legislation, and the circumstances in which registration as an external company or the holding of a Money Services Business licence may be triggered.
HHB further advised on AML/CFT, data privacy, settlement structures, and the regulatory treatment of banking institutions, non-bank financial institutions, corporate entities, and virtual asset service providers participating in Cross-Border Services Cryptocurrency Services.
HHB advises on a wide range of virtual asset and cryptocurrency matters, as an extension of its leading regional and international banking and financial services practice.
