Gibraltar Finance Supports Huobi Group Blockchain Seminar in Beijing

Gibraltar’s Minister for Commerce Albert Isola MP Delivers Keynote Speech Highlighting Gibraltar’s DLT Ecosystem

Gibraltar and Beijing, China – June 26, 2019 – Albert Isola MP, Gibraltar’s Minister for Commerce attended and delivered the keynote speech at a blockchain seminar organised by Huobi Group last week in Beijing. The ‘Discover Gibraltar with Huobi’ event took place at the Shangri-La Hotel in Beijing on Tuesday 18th June, and gave a thorough insight into Gibraltar’s evolving Distributed Ledger Technology (DLT) ecosystem and supportive regulatory environment. 

Minister Isola said, “We are grateful to the Huobi Group for the opportunity to engage with a large and knowledgeable audience on blockchain regulation and its future development. I must thank our hosts, the Huobi Group, for the time and effort we know they committed to ensuring this event was supported by blockchain professionals and founders of Chinese fintech businesses as well as senior academics.” 

The Huobi seminar included panel sessions on blockchain regulation and fintech development with a number of prominent Chinese blockchain academics from various leading Chinese Universities and professionals participating in the discussions. Joey Garcia of ISOLAS, Huobi Gibraltar’s legal advisor, participated in both panel sessions. 

Huobi Group is one of the world’s largest cryptocurrency exchanges that was established in Beijing in 2013, offering clients digital asset trading and asset management services. With operations established worldwide, Huobi is one of the largest exchanges operating in the blockchain industry and has established compliance service teams across the globe to ensure a customer-centric approach. 

The seminar provided an opportunity to share the Gibraltar experience with the Chinese business audience, detailing the jurisdiction’s financial services sector, supportive DLT regulations and its fast expanding fintech sector. Minister Isola was accompanied by Gibraltar Finance senior executives Michael Ashton and Paul Astengo. 

“Today represents Gibraltar’s latest significant engagement with Huobi on the DLT front, after the company was awarded a full DLT licence from the Gibraltar Financial Services Commission (GFSC) in November 2018. The stage is now set for further exciting collaborations,” concluded Minister Isola.