|Department||Office of the Chief Executive|
|Type of consultation||Other|
|Deadline for comments||07/08/2015|
About the consultation
We want your views on how virtual currencies, eg Bitcoin, should be regulated.
Virtual currency systems can be significant building blocks of a modern digital economy. The introduction of an appropriate and proportionate regulatory regime in this area is intended to encourage confidence and innovation in the sector.
The creation of a business-friendly framework that encourages innovation, jobs and growth in both the financial services and digital sectors is a priority for the Government of Jersey.
The consultation paper sets out:
- the most prominent money laundering and terrorist financing risks associated with virtual currencies
- available options for regulation
- approaches adopted by other jurisdictions
- the views of leading organisations
- the possibility of adopting a standard for ‘distributed ledger’ technology (including block-chain technology)
- the possibility of potential future pan-Channel Island work
Download regulation of virtual currency consultation document (size 579kb)
Public meeting dates
There will be a consultation seminar in the Town Hall, St Helier on Monday 3 August 2015 from 12 noon until 2pm.
If you want to attend, you'll need to book a free ticket.
Book your ticket to the regulation of virtual currency consultation seminar on the Eventbrite website
How to submit comments to the consultation
We want to hear from individuals and businesses that interact with virtual currency or who are likely to interact with virtual currencies.
You can respond to the consultation paper online, in writing or by email.
Send your responses to:
Regulation of Virtual Currency Consultation
5th Floor, Cyril Le Marquand House
+44 (0) 1534 448839
Email George Pearmain
Complete the survey on SurveyMonkey
Responses to the consultation
You can find a policy paper on virtual currency below.
Download policy paper on regulation of virtual currency (size 502kb)