The British Virgin Islands are a top crypto hub no one ever talks about: Here’s why

Summary

The British Virgin Islands has become a major jurisdiction for tokenized US Treasuries and other digital assets, with BVI entities accounting for about $1.5 billion of the $14.98 billion global tokenized Treasury market. It also hosts a large share of tokenized securities, stablecoin activity, and more than 25 approved virtual asset service providers. Its appeal is increasingly based on legal and regulatory certainty rather than tax advantages. Crypto firms often incorporate there to set up issuers, holding companies, treasury vehicles, or SPVs, while operations remain elsewhere. Industry participants cite fast company formation, flexible corporate structures, lighter reporting, and a predictable VASP regime as key benefits. The BVI’s role shows how crypto jurisdictions now compete on licensing, legal infrastructure, and institutional credibility, not just tax neutrality or physical headquarters.