{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/611d14fa9d5f470014bbc7b3/61a74aea4274ca001a6b0759?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"A business-like approach to regulating digital assets is working for Gibraltar","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/611d14fa9d5f470014bbc7b3/1632309665646-60818a3436d73e6db6a24ce5a6bc0d88.jpeg?height=200","description":"<p>In January 2018, Gibraltar became the first jurisdiction on the planet to pass into a law a regulatory framework to accommodate financial services based on blockchain. It has helped to attract to the Rock more than a dozen digital financial services companies, including crypto-currency funds and Insurtechs.</p><p>The government of Gibraltar and the Gibraltar Financial Services Commission (GFSC) pride themselves on their closeness and accessibility to the industry, which they believe encourages a spirit of openness among regulated firms, but they are not an easy touch: it can take 12 months to get approved, and more licence applicants are disappointed than endorsed. Dominic Hobson, co-founder of Future of Finance, spoke to the Honourable Albert Isola, Minister for Digital and Financial Services in Gibraltar, about what licence-seekers can expect and where he thinks the next big opportunities lie.</p>","author_name":"Future of Finance"}