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TO PROVIDE\nFOR THE CAYMAN ISLANDS STOCK EXCHANGE TO NOT HAVE THE SOLE AND\nEXCLUSIVE RIGHT TO TRADE IN VIRTUAL ASSETS; AND FOR INCIDENTAL AND\nCONNECTED PURPOSES\nENACTED by the Legislature of the Cayman Islands.\n1.\nShort title and commencement\n1.\n(1) This Law may be cited as the Stock Exchange Company (Amendment) Law,\n2020.\n(2) This Law shall come into force on such date as may be appointed by Order made\nby the Cabinet and different dates may be appointed for different provisions of\nthis Law and in relation to different matters.\n2.\nAmendment of section 2 of the Stock Exchange Company Law (2014\nRevision) - definitions\n2.\nThe Stock Exchange Company Law (2014 Revision) is amended in section 2 as\nfollows \u2014\n(a)\nby deleting the word \u201cand\u201d appearing at the end of the definition of\n\u201csecurities market\u201d;\n(Law 18 of 2020)\nI Assent,\nMartyn Roper\nGovernor\nDate: 25th day of May, 2020\n\nSection 3\nStock Exchange Company (Amendment) Law, 2020\n\nPage 4\nLaw 18 of 2020\nc\n\n(b) in the definition of \u201cunit trust\u201d, by deleting the words \u201cother jurisdiction.\u201d\nand substituting the words \u201cother jurisdiction; and\u201d; and\n(c)\nby inserting, in the appropriate alphabetical sequence, the following\ndefinitions \u2014\n\u201c \u201cfiat currency\u201d means currency that is issued by the relevant body\nin a country or by a government and that is designated as legal\ntender in its country of issuance through, among other things,\ngovernment decree or law; and\n\u201cvirtual asset\u201d means a digital representation of value that can be\ndigitally traded or transferred and can be used for payment or\ninvestment purposes but does not include a digital representation\nof fiat currencies.\u201d.\n3.\nInsertion of section 4A in the Stock Exchange Company Law (2014 Revision)\n- non application of section 4(a)(i)\n3.\nThe Stock Exchange Company Law (2014 Revision) is amended by inserting after\nsection 4 the following section \u2014\n\n\u201cNon application of section 4(a)(i)\n4A. 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