Gibraltar’s Financial Services Commission has published a draft of its upcoming regulatory framework for firms offering blockchain services. Planned to come into effect from January 2018, the new rules will cover any commercial use of distributed ledger technology (DLT) as a means to store and transmit value.

Under the framework, DLT service providers will be granted a working license, providing they conform to some regulatory principles including honesty, integrity, the protection of customer assets and maintaining a high degree of cybersecurity.

Robomed Network Ltd is incorporated by Gibraltar Registrar of Companies and is proud to follow these principles. We remind that our presale starts on October 25, 2017.