...companies. If you are willing to implement **Blockchain technologies in your business** based in Gibraltar, it is a reasonable idea to wait until January 2018, when the new regulations will come be implemented. Now, the firms that use distributed ledger technology (DLT), are not subject to regulations but next year this will change. Many other countries are planning to implement regulations on...
Path: Blog...nsultation paper, which consists of propositions about Fintech regulations. This is the first step to create special legal acts and start cooperation with other countries in this sector. Business in Gibraltar will be able to use a new distributed ledger technology. For an **offshore jurisdiction**, this ability opens many doors as it will create a new way to store or transfer values belonging t...
Path: Blog... rules in the international business world. We decided to start from the new rules in **Gibraltar**. The main financial regulator of this country, Gibraltar Financial Services Commission, announced new obligation for the companies using distributed ledger technology for storing or transferring values that belong to others. Currently, **DLT** is widely known as Blockchain and businessmen with ...
Path: Blog**Distributed ledger technology** (DLT), widely known as the **blockchain**, is a stumbling block for many jurisdictions. It is hard to ignore it now due to the fact that dozens of businesses in their activities use virtual technologies and, as a result, virtual currencies. **Gibraltar** is the jurisdiction that, along with the others, starts adding DLT to its scope of regulation. The Gibralt...
Path: Blog...e information, experience and developing innovations in this sector. Official representative of The Gibraltar Financial Service Commission highlighted that **Gibraltar government was the first one to develop a legal regulation for the distributed ledger technology (DLT)**, which is the foundation of most Fintech projects. As of now authorities of both countries will be able to start working tog...
Path: BlogRecently the **Parliament of Malta considered three bills on distributed ledger technology**. Simply put, distributed ledger technology (DLT) is widely known as **blockchain technology**. Analyzing the provisions of the aforementioned documents, we can certainly say that the public authorities of Malta have a positive attitude towards the blockchain technology. **Malta government authoritie...
Path: Blog...* and several financial institutions, including BNP Paribas, Commerzbank, Banco Santander, Caixa Bank, during the entire previous year have been collaborating on a **blockchain project called Fast Track Listing (FLT)**, which is based on distributed ledger technology. The main purpose of the collaboration is to make the process easier and reduce the time needed to register issuances of warrants...
Path: Blog**The World Bank created bond-i** (blockchain operated new debt instrument), the world’s first bond to be created, assigned, transferred and administered through its life cycle using distributed ledger technology (blockchain). The bond raised AU$110 million, marking the first time that investors have supported the World Bank’s development activities in a transaction that is fully managed ...
Path: Blog...egarding the blockchain technology and how it can be implemented, and used to enforce court rulings and separately on the resolution and mitigation of disputes relating to blockchain-enabled agreements. In a few words, **blockchain is distributed ledger technology (also known as DLT) which allowing digital information to be distributed at the highest security level**. Originally developed for t...
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