7th November 2018
Cryptocurrency Regulations in Gibraltar
Cryptocurrency Regulations in the
Cryptocurrencies: Not considered legal tender
Cryptocurrency exchanges: Legal, must register with the GFSC
Gibraltar is a global leader in cryptocurrency regulation: while cryptocurrency is not considered legal tender in the country, cryptocurrency exchanges are legal and operate within a well-defined regulatory and investor protection-focused framework. Gibraltar has a reputation as a low taxation environment: it does not impose capital gains or dividend tax on cryptocurrencies, and crypto exchanges are subject to a business-friendly 10% corporate income tax rate.