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Compass News
Joint UK/US operation captures oil tanker
The UK military has confirmed its support in seizing an oil tanker alongside the US near Venezuela, as operations in the Caribbean region continue.
Meanwhile, US energy stocks are on the rise after President Donald Trump announced plans to take control of Venezuela’s oil industry. Compass business editor James McKeigue explains what this means for the oil market and the region.
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Cayman Compass
Cayman grants Crypto.com conditional VASP licence
The global cryptocurrency platform announced it was awarded a conditional licence by Cayman’s financial regulator, marking a key progression for the jurisdiction’s burgeoning digital asset sector.
On 5 Jan. Crypto.com revealed that the Cayman Islands Monetary Authority had granted it a conditional Virtual Asset Service Provider licence. That matters because it shows that leading digital asset businesses – the company has 150 million users – are committing to the Cayman Islands.
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