Gibraltar Chronicle reports that Gibraltar becomes the first jurisdiction in the world to offer a regulatory framework for distributed ledger technology (DLT), paving the way for the its drive in a booming new area of business. The DLT regulatory framework came into effect on January 1st and means that Gibraltar-based firms using blockchain to store or transmit value belonging to others must now apply for a licence from the GFSC.
http://chronicle.gi/2018/01/global-first-as-gibraltar-regulates-blockchain/