DLT provider licensing under the Financial Services Act. This page sets out the authorisations a stablecoin business needs in Gibraltar, who grants each one and what it covers, alongside how many companies hold them today. The figures come from the registers Anvesan reads and are updated as those registers change.
These 11 authorisations belong to 10 companies. The company-level records are in Atlas Pro.
What those authorisations permit
Holding assets for clients8
Moving value for clients8
Scope not stated in the licence3
One authorisation can cover several activities, so these figures overlap.
The licences: who grants them, how long, what they cost
The statutory clock is the formal decision period, where the regulator publishes one. “Observed” is the real-world timeline reported by applicants, not a figure the regulator sets. Capital is the regulatory minimum, not legal or advisory fees. Where a figure is not yet available, we show “Unavailable”; where one exists but Anvesan has not verified it, we show “Not sourced”.
The Atlas column maps a licence to a tracked licence family only where the two are the same thing. Where they are not, it reads Not mapped, and the family counts are in Authorisations by licence above.
Gibraltar DLT provider licence
11 in the Atlas
Who grants it
Gibraltar Financial Services Commission (GFSC)
What triggers it
Held for holding assets for clients, moving value for clients, by the permissions recorded on the authorisations themselves.
Legal basis
Not sourced
Statutory clockNot published
Anvesan has not found a decision deadline in statute. The GFSC runs a staged authorisation process, and expects stage two to last a maximum of two months, subject to the quality of what is submitted. Anvesan has not established a statutory deadline, so we do not infer one.
What it takes in practiceNot sourced
The GFSC publishes a maximum of two months for stage two of its staged process. Anvesan has not verified how long stage one runs in practice, and does not add the two together to produce a figure.
Minimum capitalthe GFSC sets no figure
None set
Expected insteadand enough to be run in a sound and prudent manner
Enough for a solvent wind-down
Gibraltar's DLT framework is principle-based on capital: the requirement is sufficiency against the business, not a stated number.
Application fee GBP 2,000 initial application assessment fee, then GBP 8,000 to GBP 28,000 depending on complexity. Annual fee GBP 3,000.
Companies in the free Atlas
8 of the 10 companies with an authorisation in Gibraltar are in the free Atlas.
Regulatory changes only: what is being decided, by whom, and when. Company-level licence changes are tracked in Atlas Pro. Reviewed 10 September 2026.
Recently landed
29 April 2026Published
The Protected Cell Companies (Amendment) Bill 2026
Published on 29 April 2026, it gives a statutory route for issuing tokenised fund shares, letting a protected cell company operating as an experienced investor fund issue shares in tokenised form using distributed ledger technology.
What changes It extends Gibraltar's DLT position from service providers into fund structures, which is a different customer for the same licence.
Protected Cell Companies (Amendment) Bill 2026, Gibraltar
2025In force
The DLT framework's scope was clarified
The 2025 amendment regulations refined the definitions around token custody and transmission, clarified which activities are regulated, and aligned provisions with international anti-money-laundering standards.
What changes Custody and transmission are where the perimeter moved, so a firm licensed before the amendment should check its permissions still cover what it does.
How many companies hold a stablecoin-related licence in Gibraltar?
Atlas tracks 11 authorisations across 10 companies in Gibraltar, read from official registers and checked on 31 August 2026. Of those, 11 are licensed, 0 are in the pipeline, and 0 have ended.
Who regulates stablecoins in Gibraltar?
Gibraltar Financial Services Commission (GFSC).
What licence does a stablecoin business need in Gibraltar?
This page lists one authorisation, with the regulator that grants it and what triggers the requirement.
How long does a licence take in Gibraltar, and what capital does it need?
It depends which authorisation. The licence table carries the statutory decision period where a law sets one, the timeline applicants report in practice, and the minimum capital for each. Where a regime is not yet in force, we show “Unavailable”.
How these numbers are made
Registers read
The official registers used for this regime, named in the Registers read line. Where a public register does not provide a record, the source is identified separately.
Cadence
Checked daily. Changes are recorded when they appear in the register, together with the date they were seen. Last checked 31 August 2026.
Licence detail reviewed
10 September 2026. Counts are refreshed daily. Licence terms, timelines and capital thresholds are reviewed separately because they come from the underlying rules rather than the register.
Known gap
“Unavailable” means the figure does not yet exist or has not been published. “Not sourced” means the figure exists but Anvesan has not yet verified it. Neither is estimated.