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🇯🇪 Jersey

AML-registration-based VASP regime under JFSC, no dedicated substantive crypto licensing framework yet.

Crypto (CASP / VASP) E-money (EMI)
Last verified 2026-07-02 Next review 2026-07-16

Data verified: oldest cell 46 days ago (verified 2026-07-02). Individual cells show their own verification date below.

Capital requirement Capital requirement is included with access. Included with access Timeline to authorisation Timeline to authorisation is included with access. Included with access Application cost Application cost is included with access. Included with access Passporting Passporting is included with access. Included with access

Licence type

Virtual Asset Service Provider (VASP) registration, not a bespoke prudential licence. Legal basis: the Proceeds of Crime (Supervisory Bodies) (Jersey) Law 2008, the Money Laundering (Jersey) Order 2008, and the JFSC's AML/CFT/CPF Handbook, implementing FATF VASP Guidance (effective from early 2023). This is fundamentally an AML/CFT registration, without a conduct-of-business or prudential capital regime. As of mid-2026, Jersey has not introduced a dedicated substantive VASP licensing framework with conduct/prudential requirements.

Verified 6 weeks agoSource: JFSC, Virtual Asset Service Providers: https://www.jerseyfsc.org/news-and-events/virtual-asset-service-providers/; Charltons Quantum, Jersey Virtual Assets Regulation: https://charltonsquantum.com/jersey-virtual-assets-regulation/

Regulator

Jersey Financial Services Commission (JFSC).

Verified 7 weeks agoSource: JFSC, VASP entities: https://www.jerseyfsc.org/industry/vasp-entities/

Recent changes

JFSC proposed enhancements to the AML/CFT/CPF Handbook (consultation published June 2025), taking effect 1 January 2026, including new sector-specific guidance for VASPs/DNFBPs partly in response to MONEYVAL's 2024 evaluation of Jersey. Jersey is implementing the OECD Crypto-Asset Reporting Framework (CARF): consultation began November 2024, legislation expected 2025, first CARF reporting due 2027. A government consultation (July-Sept 2025) on repealing the Control of Borrowing (COBO) framework proposes replacement legislation for digital-asset-related structures with a 12-24 month transition. In 2024 Jersey launched its first real-world-asset tokenisation platform under JFSC guidance.

Verified 7 weeks agoSource: Mourant, Jersey FinReg Update - Q4 2025: https://www.mourant.com/quarterly-updates/jersey-finreg-update-q4-2025/

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Not legal advice. Entries marked placeholder or awaiting verification shouldn't be relied on. Verify with Jersey's regulator and qualified local counsel before acting.