# Caribbean Regulatory Map

Limer's Capital maps crypto regulation across 22 Caribbean jurisdictions. The regulatory landscape ranges from comprehensive frameworks to complete absence.

## Jurisdictions by Status

### Dedicated Crypto Legislation

| Jurisdiction      | Key Law            | Notes                                          |
| ----------------- | ------------------ | ---------------------------------------------- |
| Bahamas           | DARE Act (2020)    | Full digital asset framework, Sand Dollar CBDC |
| Bermuda           | DABA (2018)        | First comprehensive crypto law globally        |
| Cayman Islands    | VASP Act (2020)    | Registration-based framework                   |
| Anguilla          | Utility Token Act  | Lightweight token framework                    |
| Antigua & Barbuda | Digital Assets Act | Growing offshore hub                           |

### ECCU Zone (6 Nations, DCash CBDC)

Dominica, Grenada, St. Kitts & Nevis, St. Lucia, St. Vincent & the Grenadines, Montserrat. The Eastern Caribbean Central Bank launched DCash -- a shared CBDC across member states.

### CBDC / Partial Framework

| Jurisdiction | Status                                           |
| ------------ | ------------------------------------------------ |
| Cuba         | Limited crypto adoption, no formal law           |
| Jamaica      | JAM-DEX CBDC launched, Bank of Jamaica oversight |

### Permitted (No Dedicated Law)

Dominican Republic, Puerto Rico, British Virgin Islands, Barbados, Trinidad & Tobago, Turks & Caicos Islands. Crypto is not prohibited but operates under existing financial services regulation.

### No Framework

Haiti, Belize, Guyana -- no crypto legislation or formal regulatory guidance.

## Key Legislation

* **VASP Act 2025 (Trinidad & Tobago)** -- virtual asset service provider registration, AML/CFT compliance
* **DARE Act (Bahamas)** -- comprehensive digital asset and registered exchange framework
* **DABA (Bermuda)** -- Digital Asset Business Act, the global benchmark

## Limer's Capital Compliance

Limer's Capital partners with Wam, a VASP-licensed entity approved by the Central Bank of Trinidad & Tobago, for fiat on-ramp services.

[Back to the Capital Markets thesis -->](/capital-markets/thesis.md)


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