What Nations are Seeing a Surge in Cryptocurrency / Digital Asset Businesses?
July 15, 2019
Bill Taylor, Chief Investment Officer, Fintek Capital LLC, weighs the pros and cons of establishing digital asset funds in various jurisdictions around the world. Nations cited include: Gibraltar, Singapore, Switzerland and Malta.
Note: this video was filmed on May 21st, a few weeks prior to the release of Facebook’s Libra Whitepaper.
DA: That's interesting because Facebook is rumored to be launching a crypto currency in Switzerland.
BT: Yes. We looked at that. We also looked at Malta. Malta is very progressive in doing that, too. But Malta has a connotation of, let's say, Russian money—without being politically incorrect— but it was not the right connotation. We looked at Gibraltar. Gibraltar has a fully regulated exchange and it is UK compliant and EU compliant. We decided we'd go to Gibraltar because we would be fully regulated under two jurisdictions, and our marketing would be passported throughout the EU as well as around the world from Australia to South Africa.