🇰🇾 How much does a crypto licence in Cayman Islands cost?
Cost model verified: oldest component 46 days ago (verified 2026-07-07).
roughly EUR 50k to EUR 350k cash over three years
Confidence: Low
Modelled scenario: CIMA licence to operate a virtual asset trading platform (exchange) under the Virtual Asset (Service Providers) Act (2024 Revision), Phase 2 licensing in force since 1 April 2025. Costed the LICENCE, not the lighter registration route, which since 1 April 2025 is no longer available for trading platforms or custodians. Figures read from Schedule 2 of the Virtual Asset (Service Providers) (Amendment) Regulations, 2025 (SL 19 of 2025). Schedule is stated in Cayman Islands dollars (KYD); CIMA converts at USD 1.00 = KYD 0.82 (so 1 KYD is about 1.22 USD). Standard (non-local-company) rates used; a Cayman local company pays 10 per cent of the grant and renewal figures.
These figures are planning estimates for a stated representative scenario, not quotes and not legal or financial advice. Regulator fees and capital minimums are sourced from official schedules; professional and substance costs are market estimates with ranges. Your numbers will differ. Verify against the cited sources and take advice before committing.
| Component | Year 1 | Year 2 | Year 3 | 3-year total | Confidence |
|---|---|---|---|---|---|
| Application | |||||
| Application fee | Cayman Islands application fee is included in the £349 pass. | - | - | Cayman Islands application fee is included in the £349 pass. | verified |
| Ongoing | |||||
| Supervision fee | Cayman Islands supervision fee is included in the £349 pass. | - | - | Cayman Islands supervision fee is included in the £349 pass. | estimate |
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These are representative scenarios
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