Gibraltar, all the advantages for Fintech operators

19.Sep.2018Press release Infocoin

Past January, Gibraltar attracted international attention thanks to the introduction of the first DLT (Distributed Ledger Technology) regulatory framework in the world. “Gibraltar has positioned itself as an innovative and forward-looking jurisdiction,” Picardo commented in an article by Joe Wallen su Forbes.
Obtaining permission to operate from Gibraltar is seen as a mark of excellence within the fintech world due to its stringent regulation, while firms can also enjoy no capital gains tax, wealth tax, sales tax or value-added tax.
The epicenter of Gibraltar’s emergent fintech market can be found at its World Trade Centre, which opened in February 2017. Situated in the opulent Ocean Village area of the territory it acts as the Rock’s business hub, containing many of the world’s major e-commerce, e-gaming and fintech firms. Open 24 hours a day and with Wi-Fi so fast that trading with the London markets can occur in 1/35,000th of a second.