22/02/23

The Regulation Of Crypto And The Wider Virtual Asset Industry In Jersey

Jersey is a crypto-friendly jurisdiction and continues to welcome crypto businesses wishing to establish themselves on the Island. The Jersey regulator, the Jersey Financial Services Commission (JFSC), has a forward-thinking attitude towards crypto and has a direct relationship with stakeholders in the cryptocurrency sector. However, Jersey is certainly not a crypto "free for all" and prides itself on being first and foremost a well-regulated and reputable financial services jurisdiction. Accordingly, the JFSC will carefully scrutinise any crypto business, fund or asset manager seeking to set up in Jersey.