• Govt publishes ICO white paper

    Govt publishes ICO white paper0

    The Government of Gibraltar yesterday published a white paper covering the much-awaited ‘token sales regulation’, regulating so-called initial coin offerings [ICOs]. The white paper explains the background to ICO’s, highlights the key issues associated with them and sets out Gibraltar’s proposed regulatory response. It follows a discussion paper published in December 2017 and will be

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  • Gib heads to Miami in blockchain promotional drive

    Gib heads to Miami in blockchain promotional drive0

    Gibraltar will attend the World Blockchain Forum in Miami next week in a bid to deliver a message of support to emerging technology firms. Gibraltar Finance Senior Executive Paul Astengo who leads on technology innovation initiatives as part of his private client remit will spearhead Gibraltar’s representation at this first major blockchain conference in 2018.

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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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