Crypto Funds in Gibraltar are booming - Interview with Minister Albert Isola We are pleased to speak with The Hon. Albert Isola - Minister for Digital, Financial Services and Public Utilities in Gibraltar. He has been the key figure behind Gibraltar’s growth as a crypto hub and a global leader in blockchain regulation.
About Sigil Fund Sigil Fund was established in 2018 shortly after Distributed Ledger Technology (DLT) legislation in Gibraltar was introduced. We’ve chosen Gibraltar due to the decades of experience in financial services and quality of local suppliers, but also to benefit from the stable and regulated environment for crypto funds. Following the recent upgrade of Sigil fund to an EIF We have asked Minister Isola a few questions about crypto funds and the regulatory landscape from Gibraltar’s point of view.
Regulation of the crypto industry in Gibraltar Sigil Fund: In 2018 Gibraltar became one of the first jurisdictions to regulate distributed ledger technology providers. 3 years later, what has been accomplished? Albert Isola: We set out several key objectives at the start of this journey. I look back, briefly, with some pride as the value created for our community has arisen mainly because of the ability of the Regulator, the private sector and Government to work closely together with common goals and shared values. These include but are not limited to the following: ● We wanted to attract quality operators and the list of firms that hold a license from the GFSC is testament to that.