Gibraltar Digital News

Gibraltar is on board with the global digital plan. Here's an example:

Orbital Approved in Gibraltar as a Regulated Distributed Ledger Technology (DLT) Provider and Electronic Money Issuer

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Orbital will now be able to offer its users e-money issuance, distribution, and redemption services in the jurisdiction of Gibraltar. PPGL will start its operations by offering e-money accounts in GBP. This means that users can exchange e-money within the payments system and store e-money in their wallets.

Nigel Feetham, Minister for Financial Services at HM Government of Gibraltar, commented on the regulatory approval:

“Gibraltar has embraced the power of distributed ledger and e-money technology, creating an environment that nurtures innovation, provides regulatory clarity, and upholds market integrity. Orbital, which operates a Gibraltar office, is championing responsible integration of payments and blockchain technologies; firms that offer secure, efficient, and transparent blockchain payments are more than welcome in Gibraltar.”