Trinidad and Tobago Approves Crypto Regulation Bill
Trinidad and Tobago has strengthened its crypto regulation by passing the 2025 Virtual Asset and Virtual Asset Service Providers Act. The new law establishes a licensing and oversight framework for virtual assets and related service providers. First proposed by the finance minister in September, the act aims to satisfy anti-money laundering (AML) and counter-terrorist financing (CFT) standards. It aligns the country’s crypto regulation with the Caribbean Financial Action Task Force’s fifth-round evaluation, including an on-site review scheduled for March 2026.
Bullish
This crypto regulation bill provides legal clarity and compliance standards for virtual asset service providers, reducing uncertainty and risk in the local market. Clear oversight frameworks tend to encourage institutional participation and investor confidence, as seen in other jurisdictions like the UAE and Singapore. In the short term, providers may adjust operations to meet licensing requirements, causing mild market caution. Over the long term, enhanced legal certainty and alignment with AML/CFT norms should foster sustainable growth and broader adoption of cryptocurrencies in Trinidad and Tobago, supporting a bullish outlook.