Gibraltar: The Blockchain Rock

In 2016, the Government of Gibraltar, together with the Gibraltar Financial Services Commission undertook to make Gibraltar a premier hub for crypto and DLT businesses. The result was the creation of the Distributed Ledger Technology Providers Regulations which came into force on 1 January 2018 making Gibraltar the first jurisdiction in the world to enact specific legislation to regulate the space. As a result of the DLT Regulations, Gibraltar has seen an influx of crypto-related business and a burgeoning crypto ecosystem.