AGP Executive Report
Last update: 14 minutes agoCrypto Regulation: Blockchain.com secured full VASP custody authorization from CIMA, replacing its December 2025 provisional status and expanding approved services to custody plus crypto-to-fiat and crypto-to-crypto exchange, with TechCayman support for local hiring. Aviation & Environment: The NCFC has awarded a CI$1.498m contract for environmental impact assessments tied to runway extensions at Owen Roberts (Grand Cayman) and Charles Kirkconnell (Cayman Brac), amid concerns over North Sound impacts and bird habitat loss. Marine Planning Dispute: The Department of Environment questioned why an Ironshore sea-pool application is back before the Central Planning Authority for a fourth refusal, arguing nothing has changed since earlier NCA-based rejections. Insurance Growth: IMAC says Cayman’s international insurance momentum continues, with CIMA reporting six new international insurer licences (Class B(i)) and three PICs in Q2, lifting the jurisdiction to 721 licensed insurers and about US$61bn in premiums. Tourism & Hospitality: Cayman’s stayover tourism keeps climbing, with June arrivals up 6.9% and a record first half; meanwhile the Grand Cayman Marriott is restoring Seven Mile Beach sand and rebranding to “Marriott Beach Resort.” Workforce Pipeline: The CIG’s Summer Internship Programme is placing 210+ young Caymanians across 45 civil service entities and 17 private organisations.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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