Gibraltar Excels in Crypto Regulation While Others Struggle – Cointelegraph

For centuries, Gibraltar played a crucial role in the British Empire. This small territory, often referred to as “The Rock” because of its prominent limestone formation, was ceded to Britain in 1713 and has remained a British Overseas Territory ever since. Although it may seem small, arid, and overrun with mischievous monkeys, the southern tip of Gibraltar overlooks the Strait of Gibraltar, a significant passageway through which a substantial portion of the world’s shipping traffic transits.

As the British Empire declined over time, the steady influx of wealth to Gibraltar diminished. However, the territory has shown remarkable resilience and ambition, largely fueled by its strategic position in international shipping throughout history. Approximately four decades ago, Gibraltar reinvented itself, emerging as a financial hub in its own right.

Today, Gibraltar continues to evolve and adapt, maintaining its global outlook and ambitions in various sectors.