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Articles

Gibraltar Created the First Distributed Ledger Technology Law

2017-11-10

Fintech is no longer an emerging industry, as it found its way in many sectors of the economy. One of the most important branches of the fintech industry was cryptocurrency, however these are also part of daily activities of some companies which is why some countries are considering regulating the use of cryptocurrencies. The first jurisdiction to actually regulate it is Gibraltar, which is the first territory in the world to create a Distributed Ledger Technology (DLT) law. Our company formation agents in Gibraltar can assist foreign investors who want to set up fintech businesses in the Rock.