HM Government of Gibraltar has joined the Global Blockchain Business Council (GBBC) an industry association for the blockchain technology industry.
Gibraltar has targeted the digital asset sector of Fintech – including digital securities and cryptocurrency. The jurisdiction has created a digital asset friendly ecosystem in an attempt to lure aspiring blockchain-based firms to its trading venues.
Launched in Davos, Switzerland in 2017, the GBBC brings together industry participants from over 50 countries to further adoption of blockchain technology.
The Hon Albert Isola, Minister for Digital and Financial Services issued the following statement on the news:
“The GBBC is committed to developing the next trillion dollar industry through education, advocacy, and partnership. GBBC’s vision to further the adoption of blockchain technology through engaging and educating enterprises and regulators is totally aligned with our own mission and we are delighted to stand alongside this prestigious organisation where we can collaborate and work together with some of the best innovators and thought-leaders in this sector to help us achieve this common goal.”
SandraRo, CEO of GBBC, added:
“The Global Blockchain Business Council welcomes the Government of Gibraltar into our global network as a GBBC Observing Member. We look forward to highlighting the important digital assets and blockchain technology work and innovation from Gibraltar as we advance global collaboration, adoption, and opportunities.”
Earlier this year, Gibraltar announced they had joined INATBA, a group of international blockchain industry players at an EU-level.