• Isola addresses world’s largest Blockchain conference

    Isola addresses world’s largest Blockchain conference0

    Minister for Finance, Albert Isola, has addressed Consensus, the largest Blockchain conference in the world with over 8000 delegates, held in New York this week. International firms of all nationalities were represented and it was “the ideal platform” to project the work that Gibraltar has been leading on in the DLT sector, the Gibraltar Government

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  • Solar entrepreneur turns to green crypto mining

    Solar entrepreneur turns to green crypto mining0

    An Irish crypto-entrepreneur researched over 100 countries before deciding to headquarter his ‘green mining’ business on the Rock due its regulatory framework. Gibraltar was the first country in the world to introduce Distributed Ledger Technology regulations last January and so far close to 30 businesses have applied for licences locally. Irish businessman Joseph Deignan has

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  • JP Morgan boss Jamie Dimon backtracks on calling bitcoin a ‘fraud’

    JP Morgan boss Jamie Dimon backtracks on calling bitcoin a ‘fraud’0

    JP Morgan chief executive Jamie Dimon has backtracked on criticism of Bitcoin, saying he regrets calling the cryptocurrency a “fraud”. The Wall Street boss was one of the most high-profile critics of the digital currency, having said last autumn that he would fire employees found to be trading the digital currency for being “stupid”. But

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  • Gibraltar publishes DLT guidance notes

    Gibraltar publishes DLT guidance notes0

    The Gibraltar Government and Gibraltar Financial Services Commission today published guidance notes to assist operators applying for licences under the Rock’s new regulatory framework for distributed ledger technology [DLT]. As from January 1, any company operating in or from Gibraltar using DLT to store or transmit value belonging to others will need to be licensed

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  • DLT framework offers flexibility for quality operators, regulator says

    DLT framework offers flexibility for quality operators, regulator says0

    Gibraltar’s new framework for distributed ledger technology [DLT] will offer businesses flexibility to innovate in a fast-moving sector, while ensuring a “regulatory grip” to protect investors and consumers, the Rock’s chief regulator said this week. Samantha Barrass, the chief executive of the Gibraltar Financial Services Commission, said Gibraltar had laid a solid foundation to underpin

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  • GFSC flags post-Brexit regulatory challenges in annual report

    GFSC flags post-Brexit regulatory challenges in annual report0

    With the uncertainties of Brexit as much a factor in the decision-making processes of the Gibraltar Financial Services Commission as they are to the economic sectors it regulates, cooperation with counterparts in the EU and elsewhere is an increasingly vital factor in shaping Gibraltar’s future. That is the main thrust of both Dr Johnathan Spencer,

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