The Cayman Islands has solidified its status as a regional crypto hub, now hosting over 125 Web3 companies through the Cayman Enterprise City (CEC). According to CEC CEO Charlie Kirkconnell, the region's growth is attributed to its legal expertise, regulatory clarity, and a strong relationship with the U.S. market. Over the past 14 years, the CEC has attracted both startups and established firms, emphasizing a sustainable and conservative regulatory approach.