WILLEMSTAD – The Central Bank of Curaçao and Sint Maarten (CBCS) is significantly expanding its supervisory role as financial technology, digital payments and virtual assets reshape the financial sector.
According to the bank's 2025 Annual Report, approximately 400 financial institutions now fall under CBCS supervision, including banks, insurance companies, pension funds, trust companies, investment firms, money transfer businesses and virtual asset service providers.
The central bank says it has completed implementation of its "New Style of Supervision," which places greater emphasis on identifying risks earlier, conducting more intrusive supervision and taking faster enforcement action when necessary.
The report also highlights increased oversight of cryptocurrency-related businesses. CBCS is introducing blockchain analytics and expanding its anti-money laundering monitoring capabilities as virtual asset activities continue to grow.
At the same time, the bank is strengthening cybersecurity oversight, updating IT regulations and preparing legislation governing payment service providers and virtual asset companies. Artificial intelligence, cloud computing and digital banking are becoming increasingly important supervisory priorities.
Officials say the reforms are designed to keep the financial system safe while allowing innovation to continue under appropriate regulatory safeguards.