Leading The Way On Cryptocurrency

In 2014 Jersey stole a march on its competitor jurisdictions as a crypto friendly jurisdiction when the Island's regulator, the Jersey Financial Services Commission (JFSC), approved the launch of the world's first regulated bitcoin investment fund, GABI Plc. At the time, bitcoin was far less well known and was regarded by the mainstream as a fringe asset class.

At the time, bitcoin was far less well known and was regarded by the mainstream as a fringe asset class. GABI's regulatory approval as a Jersey Expert Fund was regarded by many industry commentators as a statement of intent from the Island.

Crypto funds in Jersey

Jersey's Expert Fund regime is the sweet spot of Jersey's regulatory regime in the alternative funds space, with many widely marketed alternative funds (including the $100 billion Softbank Vision Fund) seeking this regulatory stamp of approval. This type of fund can be marketed to an unlimited number of 'expert investors', the most common category