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For the past several years, Gibraltar and Switzerland have both been seen as the go-to countries for companies working with Distributed Ledger Technology (DLT), but since Brexit, companies are now looking to be located in a country that grants direct access to an entire market.
Before the start of the Delta Summit conference in Malta, Kris Marszalek, the CEO of wallet service Crypto.com, explained to Bloomberg why his company chose Malta over Gibraltar, saying:
“Malta is staying in the European Union, and that’s not going to change. I went to Gibraltar a while ago and they were very open about the fact that they had no certainty about what’s coming — it doesn’t look as if anything has changed since then.”
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