Gibraltar Becomes First Jurisdiction to Regulate ICOs

[kreslik.news]

Gibraltar: as of the first day of 2018, the Digital Ledger Technology Regulatory Framework has been in effect. This means that initial coin offerings are now officially regulated in the British overseas territory.

The Gibraltar Financial Services Commission, the financial regulator of the peninsula, committed to regulating ICOs back in October 2017. With the initiation of the new system on the first of January, it is now the first jurisdiction in the world to do so.

Nicky Gomez, head of risk and innovation at the GFSC, said: “We are really excited to finally welcome applications from DLT Providers. ... (read more)