Understanding the blockchain, cryptocurrency and electronic token space is becoming more important than ever for financial institutions, business, investors and start-ups. This is particularly the case in relation to government attitudes and definitions, cryptocurrency and sales regulation, money transmission laws and anti-money laundering requirements, promotion and testing, ownership and licensing requirements, taxation and border restrictions.
Offshore jurisdictions such as Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey and Jersey are all looking very closely at this fast-changing industry and how they should approach and handle these new technologies.
