As of January 1st 2018, Gibraltar's widely-publicised regulations on Distributed Ledger Technology came into effect, bringing some much-welcomed regulatory oversight to the DLT and crypto sphere.

This ground-breaking piece of legislation is a milestone for the crypto industry and has already started attracting interest from both investors and DLT operators throughout the world.

While drafting the legislation the regulators decided to opt for a "light touch" approach; providing solid regulatory oversight while, at the same time, being ever-mindful of the need for continued innovation in the fast-moving crypto space. Underpinning this regulatory approach are the Nine Core Principals of Gibraltar's DLT regulation:

  • Honesty and Integrity
  • Customer Care
  • Resources
  • Risk Management
  • Protection of Client Assets
  • Corporate Governance
  • Cyber Security
  • Financial Crime
  • Resilience

www.gibraltarlaw.com

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