Gibraltar financial representative to speak to the European Parliament on blockchain and governance

blockchain and governance
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Gibraltar Finance has announced that Paul Astengo, Executive Center Senior Finance, will be present in the European Parliament on Tuesday 4 December, in the framework of a round table organized by Blockchain4Europe

The round table entitled "Blockchain and Governance", which takes place from 9:00 to 10:30, will bring together experts working in all areas of financial technology, from regulation and governance to startups and business leaders.

Speaking ahead of the event, Paul Astengo said, "I am thrilled to represent Gibraltar Finance in this event, which is a fantastic opportunity to discuss the rapidly changing field of blockchain regulation at the epicenter of politics. and European Governance: By bringing together a vast array of industry experts, we can expect an informative discussion, I am excited to share opinions on how companies, regulators and governments are working together to bring blockchain innovation into the mainstream. ".

Mr. Astengo, which has been instrumental in the development of blockchain development in the rapidly expanding cryptographic space of Gibraltar, will be joined by speakers including Peteris Zilgalvis, head of the European Commission unit, start-ups and Blockchain, and also co-chair of the Fintech taskforce; Louis de Bruin, IBM's leading blockchain for Europe; Martin Ruubel, president of Guardtime, blockchain partner of Estonia; and David Siegel, CEO and founder of the Pillar Project and 20 | 30. The group will be hosted by Cătălin Ivan, a member of the European Parliament and member of the Committee on Economic Affairs, and moderated by APCO's CEO, Brad Staples.

In January 2018, Gibraltar delivered the first regulatory framework on distribution accounting technology (DLT), a legislative framework specifically created for companies using blockchain or DLT. The principle-driven approach enables companies to engage quickly with regulators while providing the flexibility to ensure that guidelines evolve in line with the fast-moving nature of blockchain technology.

Over the last few weeks, the first of these licenses has been granted by the Gibraltar Financial Services Commission (GFSC) to a number of leading companies including Coinfloor, Covesting and Gibraltar Blockchain Exchange (GBX).

"Gibraltar is a leading jurisdiction for sustainable blockchain innovation and supporting regulation, highlighted by the introduction of our DLT regulatory framework at the start of this year." In this round table, the demonstration of our commitment to the collaborative development of blockchain and the assurance of a sustainable future for financial technologies.As a co-chair of the DLT working group in Gibraltar, I am firmly aware of the importance of these forums for sharing ideas, information and knowledge ", concluded Astengo.

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