Finance minister opens debate on Virtual Assets Bill

KINGSTON, Jamaica  —  Finance Minister Fayval Williams opened the debate on the Virtual Assets Service Providers Bill 2026 in the House of Representatives on Tuesday.

In piloting the bill, the minister said while not perfect, “it will put a ring-fence around the activities where in fact there isn’t any law that [currently] governs it”.

Williams explained that a virtual asset service provider is any business that handles crypto currency or other digital assets for or on behalf of other people for commercial purposes.