Gibraltar for Web3 and crypto with Kraken, Animoca Brands, and AlphaPlay

Gibraltar consolidates its position of openness to the crypto and Web3 world, thanks to guests of the caliber of Kraken, Animoca Brands, and AlphaPlay.

To assert this, the Hon. Nigel Feetham KC, Minister of Justice, Commerce, and Industry, spoke directly during the event organized by House of Block and Gibraltar Funds Investment Association (GFIA).

Summary

• Gibraltar for Web3 and crypto: the event with Kraken, Animoca Brands, and AlphaPlay
• Gibraltar: its collaborative approach for crypto and Web3 together with Kraken and Animoca Brands
• Updates to crypto regulation in the Cayman Islands

Gibraltar for Web3 and crypto: the event with Kraken, Animoca Brands, and AlphaPlay

Gibraltar is consolidating its position of openness to the crypto and Web3 world.

During the event organized by House of Block and Gibraltar Funds Investment Association (GFIA), the Hon. Nigel Feetham KC, Minister of Justice, Commerce, and Industry, delivered a compelling speech.

Pioneers of the sector, investors, and innovators also participated in the event. Among them, Robby Yung of Animoca Brands, Kaushik Sthankiya of Kraken Digital Asset Exchange, and Ben Appleby of AlphaPlay.

From what has emerged, it seems that the regulatory authorities of Gibraltar are open to further supporting the growth of Web3 companies.

Among the various topics discussed, there was indeed the evolving role of Gibraltar as a global hub for Web3 regulation and innovation.

Not only that, Gibraltar is also a pioneer by offering opportunities for British and international businesses looking to scale in a crypto-friendly jurisdiction.

Other topics discussed were then the growing convergence between traditional finance and the crypto and blockchain space.

Gibraltar: its collaborative approach for crypto and Web3 together with Kraken and Animoca Brands

According to reports from those who attended the House of Block and GFIA event, the prominent voices of Animoca Brands, Kraken, AlphaPlay on stage provided many inputs on the direction of the sector for 2025.

Precisely for this reason, Gibraltar wants to consolidate its position as a leading jurisdiction for the regulation of blockchain and digital assets.

In reality, already since 2021, the country continues to modify its regulation on crypto and blockchain, precisely trying to always be at the forefront, keeping up with technological progress.

In any case, according to what is reported for this 2025, there is a clear regulatory framework in the country located in the South of Spain.

For example, there is the Gibraltar Financial Services Commission, or GFSC, which regulates DLT technology providers, which include among others crypto-exchanges and crypto-wallet providers. The GFSC has also developed a comprehensive guide on the expectations of regulated businesses regarding AML/CFT/CPF.

In particular, on regulation and cryptocurrencies, the text highlights as follows:

“Cryptocurrencies themselves are not regulated. The Government has instead tried to regulate the access points to the markets, rather than specifically regulating cryptocurrencies. This approach has been welcomed by the sector.

Updates to crypto regulation in the Cayman Islands

Staying on the topic of crypto regulations, recently there has been an update from the Cayman Islands concerning industry operators.

In fact, it seems that from April 1, 2025, a new law already approved by the local legislator will come into effect.

This is a new obligation for crypto operators to be able to proceed with their activities only after obtaining the license as providers of trading and custody services.

In addition to the licenses, crypto trading platforms are required to display other additional documents concerning the cyber security strategy, the risk management and loss and theft prevention plan, and the measures for control and safeguarding of digital assets.

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