Jersey Announces Fintech Intentions
Jersey has announced its intention to become a world leading Fintech jurisdiction.
The island has been hosting its first major conference about virtual currencies.
At it, Senator Philip Ozouf has announced local regulations have been formed so the island can be at the forefront of the emerging financial technology sector.
He says government and industry bodies have acted quickly to show the world this is destination for virtual currency business to base themselves.
He told Channel 103, ‘Jersey is going to be an innovative centre for the development of Fintech, which builds on our world-class Financial Services industry. If anywhere can do Fintech, Jersey can.’