Gibraltar Crypto Funds

The Government of Gibraltar and the Gibraltar Financial Services Commission have recently reiterated their intention to make Gibraltar a prime jurisdiction for crypto business. Following the introduction of the new Distributed Ledger Technology Providers Regulations on 1 January 2018, the interest in Gibraltar has been over and above what anyone expected. This has been complemented by the support of Turicum Private Bank and Gibraltar International Bank, which quickly developed the relevant skillset and obtained necessary internal approvals to ensure they could provide banking services to crypto businesses and individuals involved in such businesses. In the coming months, it is expected that other Gibraltar banks will also start operating in this space.