
Jamaica's Lower House Passes Virtual Assets Service Providers Act
- —Bill passed on September 30, 2026 with three amendments
- —Introduces VASP licensing and bank-level AML standards
- —Opposition seeks added provisions on stablecoins and tokenisation
- —PM Holness admitted CBDC JAM-DEX has underperformed since launch
Why it matters: Jamaica joins a wider Caribbean and Latin American push to bring crypto businesses under supervised licensing regimes; the bill now heads to the Senate.
Source: Cryptonews.net