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Regulatory regime

Stablecoin licensing in the British Virgin Islands

Virtual asset service providers register with the Financial Services Commission under a 2022 Act. This page sets out the authorisations a stablecoin business needs in the British Virgin Islands, who grants each one and what it covers, alongside how many companies hold them today. The figures come from the registers Anvesan reads and are updated as those registers change.

RegulatorBritish Virgin Islands Financial Services Commission (FSC)
LawVirtual Assets Service Providers Act, 2022
Registers readBVI FSC
Source type47 register-sourced, 1 company-reported
Checked21 September 2026

Authorisations in British Virgin Islands, as at 21 September 2026

Authorisations 48 across 2 licence families
Licensed 47 of 48 authorisations
In the pipeline 1 Applications and in-principle approvals
Ended 0 No ended authorisations

Authorisations by licence

BVI virtual asset service provider registration 98% 47
Virtual asset service provider registration 2% 1

These 48 authorisations belong to 25 companies. The company-level records are in Atlas Pro.

What those authorisations permit

Holding assets for clients16
Scope not stated in the licence32

One authorisation can cover several activities, so these figures overlap.

The licences: who grants them, how long, what they cost

The statutory clock is the formal decision period, where the regulator publishes one. “Observed” is the real-world timeline reported by applicants, not a figure the regulator sets. Capital is the regulatory minimum, not legal or advisory fees. Where a figure is not yet available, we show “Unavailable”; where one exists but Anvesan has not verified it, we show “Not sourced”.

Licence Statutory clockObserved Minimum capitalIn the Atlas
BVI virtual asset service provider registration Not sourced Not sourced Not sourced 47

The Atlas column maps a licence to a tracked licence family only where the two are the same thing. Where they are not, it reads Not mapped, and the family counts are in Authorisations by licence above.

BVI virtual asset service provider registration

47 in the Atlas
Who grants it
British Virgin Islands Financial Services Commission (FSC)
What triggers it
Held for holding assets for clients, by the permissions recorded on the authorisations themselves.
Legal basis
Virtual Assets Service Providers Act, 2022
Statutory clock Not sourced

Anvesan has not verified this for this regime yet. It is added when it is.

What it takes in practice Not sourced

Anvesan has not verified this for this regime yet. It is added when it is.

Capital requirement Not sourced

Application fee Not sourced

What to watch

Regulatory changes only: what is being decided, by whom, and when. Company-level licence changes are tracked in Atlas Pro.

Questions this page answers

How many companies hold a stablecoin-related licence in the British Virgin Islands?

Atlas tracks 48 authorisations across 25 companies in the British Virgin Islands, read from official registers and checked on 21 September 2026. Of those, 47 are licensed, 1 are in the pipeline, and 0 have ended.

Who regulates stablecoins in the British Virgin Islands?

British Virgin Islands Financial Services Commission (FSC). The framework is Virtual Assets Service Providers Act, 2022.

What licence does a stablecoin business need in the British Virgin Islands?

This page lists one authorisation, with the regulator that grants it and what triggers the requirement.

How long does a licence take in the British Virgin Islands, and what capital does it need?

Anvesan has not verified decision timelines or capital thresholds for the British Virgin Islands yet, so this page does not publish them. It publishes no figure it cannot cite.

How these numbers are made

Registers read
The official registers used for this regime, named in the Registers read line. Where a public register does not provide a record, the source is identified separately.
Cadence
Checked daily. Changes are recorded when they appear in the register, together with the date they were seen. Last checked 21 September 2026.
Licence detail reviewed
23 September 2026. Counts are refreshed daily. Licence terms, timelines and capital thresholds are reviewed separately because they come from the underlying rules rather than the register.
Known gap
“Unavailable” means the figure does not yet exist or has not been published. “Not sourced” means the figure exists but Anvesan has not yet verified it. Neither is estimated.
Corrections
research@anvesan.org