Regulatory Shift Drives 70% Spike in Web3 Foundations Registered in the Cayman Islands
The Cayman Islands has seen a 70% year-on-year increase in Web3 foundation company registrations, pushing totals past 1,300 by the close of 2024, as new international crypto reporting rules are introduced. Cayman Islands Web3 foundations are expanding under a legal structure that aligns with decentralized project needs even as the jurisdiction enacts the Crypto-Asset Reporting […]