Guernsey’s shift to embrace digital finance is showing encouraging signs.
The Guernsey Financial Services Commission is signaling that it wants to have conversations with innovative businesses as it grasps the opportunity a changing approach from the US has created.
That means looking at tokenisation, blockchain, stablecoin, and beyond. It has launched a consultation on what the regulatory environment needs to look like for success,  while also being open to approaches for business that may be moving faster than the rules and laws can be changed.
GFSC Director General William Mason discusses its approach.