British Virgin Islands Custodial Wallet – Compliant Development
Launch a custodial wallet in British Virgin Islands with compliance controls mapped to FSC BVI and BVI VASP. Block Intelligence builds production software; independent counsel handles licensing.
Compliance scope
British Virgin Islands · Custodial Wallet
BVI regulates virtual asset service providers under its VASP Act.
| Jurisdiction | British Virgin Islands |
|---|---|
| Regulator | FSC BVI |
| Product | Custodial Wallet |
Software
Built-in compliance controls
- Custodial key management with HSM or secure enclave options
- Multi-chain deposits, withdrawals, and balance reconciliation
- Transaction monitoring and velocity limits
- Account recovery flows with identity re-verification
- Compliance reporting and user activity audit trails
- User identity verification processes
- Real-time transaction monitoring
- Secure data storage and encryption methods
Block Intelligence provides technology development and compliance-oriented software architecture. We are not a law firm. Licensing and regulatory advice is provided by independent legal partners in each jurisdiction. Information is current as of 2026-03-01 and subject to change.
FAQ
Frequently asked questions
- What are the key compliance requirements for custodial wallets?
- Custodial wallets must implement KYC, AML, and secure asset management practices.
- How does the custodial wallet software ensure compliance?
- The software includes built-in compliance controls for KYC and AML.
- Is user data secure in the custodial wallet?
- Yes, our software incorporates advanced security measures to protect user data.