The Finance Minister spoke at a seminar in China to deliver a keynote speech on blockchain regulations and he hinted out that Gibraltar and China could be collaborating.
A statement from the Government said:
Albert Isola MP, Gibraltar’s Minister for Commerce continued his highly rewarding visit to the Asia travelling from Beijing to Hong Kong where he attended a number of pre-arranged commercial appointments and media engagements.
His schedule included an invitation to attend and speak at a private lunch at the Mandarin Oriental Hotel organized by the Gibraltar Stock Exchange Group (“GSX”). The lunch was hosted by Ben Soh, Executive Director (Asia) of GSX and provided a great opportunity to meet a number of the senior management team of GSX and its subsidiary the Gibraltar Blockchain Exchange (“GBX”) who are based in Hong Kong and learn more of their exciting plans for the growth of their various businesses.
Minister Isola commented “I was delighted to attend and speak at the GSX lunch and to have the opportunity to meet with key business partners and customers of the GSX Group as they continue to expand their operations in the Asia region.”
Minister Isola added “I welcomed the opportunity to meet with the senior leadership of GSX before the lunch. They are a major player in Gibraltar’s financial services and DLT network of licensed firms and I am greatly encouraged to understand, in particular, that GBX’s STACS Network is gaining real traction with numerous case studies and discussions currently taking place with their clients and other prospects to use the STACS protocol and its Blockchain ecosystem for digital assets.”
Minister Isola was accompanied by Gibraltar Finance senior executives Michael Ashton and Paul Astengo to whom any enquiries should be directed.