Since January 2018, Gibraltar’s purpose-built Distributed Ledger Technology (DLT) framework has been in effect. One of the first pieces of legislation of its kind globally, the framework has been designed to provide an efficient, safe and innovative regulatory framework for firms that use DLT for the transmission or storage of value belonging to others.
The framework positions Gibraltar as a jurisdiction which facilitates innovation, whilst ensuring it continues to meet its regulatory and strategic objectives and understands the modern need for robust and speedy interaction with regulators in this fast-moving area of business.