Kraken parent Payward secures virtual asset license in the British Virgin Islands

The British Virgin Islands is no longer just a tax haven; it’s a global powerhouse controlling over 10% of U.S. tokenized treasuries. Kraken’s move to secure a license there proves that the future of "compliant" crypto is moving offshore, away from traditional financial hubs. If the BVI is now the benchmark for digital asset regulation, has the mainstream financial system already lost the race? Or is this just a clever way to rebrand offshore banking? What’s your take?
This summary was generated by AI