As a specialist finance centre with decades of expertise in
investment structuring, Guernsey is no stranger to digital asset
innovation.
In 2021, the Guernsey Financial Services Commission (GFSC)
authorised Guernsey's first regulated Bitcoin fund and
Europe's first Bitcoin ETF using a Guernsey Private
Investment Fund (PIF) structure. Since then, the jurisdiction has
continued to support forward-thinking strategies in the crypto
space, always underpinned by appropriate regulation.
The GFSC's latest update reinforces Guernsey's
commitment to engaging with fund managers seeking to offer
crypto-related investment opportunities, within a framework of
robust oversight. It recognises that, when appropriately run,
collective investment schemes can provide suitable vehicles for a
range of investors to gain indirect exposure to cryptocurrencies,
provided that those fund investors are well informed of the risks
and able to bear potential losses.
