Oct 25 - International Companies Commit To The Rock Following Gibraltar's First Fintech Conference
The first Gibraltar International Fintech Conference (www.Gibfin.com) took place last week on board the Sunborn Yacht Hotel and nearly one in five of the companies that attended have already committed to setting up operations in Gibraltar.
The Government of Gibraltar recently announced it’s intention to create a Distributed Ledger Technology (DLT) regulatory framework in order to offer a safe, transparent, regulated environment for companies operating within the Blockchain and Crypto-currency sectors.
Gibfin was designed by the organisers – Pete Burgess, CEO of Kazbaa and Nick Hughes. MD of EULAT Consulting – as an international showcase for Gibraltar as a Fintech jurisdiction following this announcement, It was delivered in partnership with many of the leading service providers in the sector including Hassans, Triay & Triay, EY, GSX, Wavecrest, Transact Payments and Xapo,
There were many presentations and panel discussions during the event, but one which attracted particular interest was the launch of the Gibraltar Block Exchange by Nick Cowan, CEO of GSX. GBX will create a new era of trust, openness and global acceptance for the crypto industry, one quality token listing at a time.
Companies were attracted from as far away as China, the USA, Ukraine, Russia and Estonia and the response has been overwhelmingly positive.
Jane Zhang, CEO of Shellpay in China said: “I heard that Gibraltar is the first jurisdiction with a legal framework for Blockchain and Cryptocurrency companies so we came here to check it out. We talked with a lot of local companies – the lawyers and the regulators - and we have decided to register our company here.”
Vasily Alexeev, Chief Technology Officer from Serenity Financial in Russia commented “We try to put a level of regulation and customer protection between the companies and the clients so that clients know they won’t be scammed and the companies know they will have a new inflow of customers because the trust in the industry is higher. Our main purpose is to find a good base for our operations in Europe and to expand our operations in Asia.”
Jakob Drzazga , Co-founder of Germany’s Brickblock. believes Gibraltar has a huge amount to offer, adding: “I think Gibraltar is a very good place for DLT companies to come to. What we heard from the regulator and from the Chief Minister was very welcoming and Gibraltar is a very exciting place to be right now when it comes to DLT.”
The main objective for the event was to convince companies from outside Gibraltar that they should set up in business here and Pete Burgess from Kazbaa – one of the organisers – was delighted that this had been achieved.
He said: “We are absolutely thrilled that so many of our visitors have decided to make Gibraltar their home. We felt that if we could get these organisations to come here and experience for themselves everything that Gibraltar has to offer then it would be a success, and that is exactly how it has turned out.
“We would like to thank all our partners and particularly Gibraltar Finance for their support on the event and we are looking forward to the follow-up event - the Gibraltar International Fintech Forum - which will be taking place from 28th February to 1st March 2018.”
For more information contact Pete Burgess on This email address is being protected from spambots. You need JavaScript enabled to view it.
{fcomment}
