The Trinidad and Tobago Parliament has passed the "Virtual Assets and Virtual Asset Service Providers Act 2025," establishing a regulatory framework for cryptocurrencies and related service providers. Introduced by the Minister of Finance in September, the legislation aims to license and regulate virtual asset activities in the country. This move aligns with Trinidad and Tobago's efforts to comply with anti-money laundering and counter-terrorism financing standards, as the nation prepares for the Caribbean Financial Action Task Force's fifth round of mutual assessments, including an on-site review in March 2026.