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ARTICLE · 16 JULY 2014

World’s First Bitcoin Investment Fund Approval Reflects World-Class Innovation

Carey Olsen
Carey Olsen
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The recent announcement that the world’s first regulator-approved Bitcoin investment fund has been launched reflects the changing face of investment.

JerseyFinance and Banking
James Mulholland
James Mulholland
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The recent announcement that the world's first regulator-approved Bitcoin investment fund has been launched reflects the changing face of investment, according to Carey Olsen partner James Mulholland. 

Mr Mulholland and Carey Olsen associate, Rhona Atkinson, advised Global Advisors, a Jersey-based investment management company, on all the legal and regulatory aspects of the establishment of the Jersey-regulated open-ended Global Advisors Bitcoin Investment Fund (GABI). 

Mr Mulholland said: "The digital space is a relatively new focus for the investment sector, as are the structures that can be created to take advantage of the new digital world, so being involved in a Bitcoin world first is great for Jersey. 

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