Ensure Regulatory Compliance for Your Crypto Business in Gibraltar
Posted on 16 Oct 2024
As a growing hub for cryptocurrency and blockchain projects, Gibraltar offers unique opportunities for crypto businesses. However, navigating the regulatory environment is crucial to ensure compliance and build a strong foundation for long-term success. At TAG, we provide expert services to help your crypto business thrive while staying fully compliant with Gibraltar’s evolving legal framework.
Understanding Gibraltar's Crypto Regulations
Gibraltar has established itself as a pioneering jurisdiction for digital assets, with a well-defined regulatory environment that supports innovation while prioritizing investor protection. The Gibraltar Financial Services Commission (GFSC) has implemented a framework specifically for Distributed Ledger Technology (DLT) providers. This framework, known as the DLT Regulatory Framework, mandates licensing for any business using blockchain technology to store or transmit value belonging to others.
For crypto businesses in Gibraltar, it’s essential to adhere to Anti-Money Laundering (AML) laws and obtain the correct licenses, such as the Virtual Asset Service Provider (VASP) license, to operate legally. Staying up-to-date with regulatory requirements ensures that your business not only complies with local laws but also builds trust among clients and stakeholders.
How TAG Consultancy Can Help
At TAG Consultancy, we specialize in guiding crypto businesses through Gibraltar’s regulatory landscape. We offer comprehensive compliance services, including:
- DLT & VASP Licensing: Our team will assist you in obtaining the necessary licenses from the GFSC, ensuring that your business meets all legal requirements and is positioned for sustainable growth.
- AML Strategy Development: We create robust Anti-Money Laundering frameworks tailored to your business. These frameworks are designed to protect your company from financial crime and to align with Gibraltar’s strict AML regulations.
- Crypto Accounting & Audits: Our crypto accounting and audit services ensure transparent and accurate financial reporting, allowing you to meet the highest industry standards. We provide detailed audit reports to maintain compliance and reinforce investor confidence.
By staying informed of the latest developments in Gibraltar’s regulatory landscape, we can support your crypto business in achieving and maintaining full compliance. Our services are designed to allow you to focus on expanding your business, confident that you are operating within a secure and compliant framework.
Contact Us
We are here to support your business needs and help you achieve your goals. Whether you have questions or would like to discuss how we can assist you further, please don't hesitate to reach out to us.
- Email: info@tag.gi
- Phone: +350 225 01252
- Website: www.tag.gi
- Address: Suite 8, Block 2, Water Gardens, Gibraltar
