The Minister for Commerce, Albert Isola, recently met with Alex Grebnev and Alex Melikhov, the founders and respectively CEO and COO of Oxygen, in Gibraltar under the distributed ledger technology regulatory framework.
Mr Grebnev and Mr Melikhov were visiting Gibraltar on business in relation to DLT venture Oxygen that is establishing on the Rock. The meeting provided an opportunity to discuss plans for the development of the Oxygen project and the support provided by the Government in this nascent industry.
The visit to Gibraltar included a scheduled meeting with the Gibraltar Financial Services Commission as Oxygen is in the advanced stages of applying for a license in Gibraltar under the DLT Regulatory Framework.
Accompanying Mr Grebnev and Mr Melikhov was Olena Clayton together with Patricia Risso and Karan Aswani both of Gibraltar law firm Isola’s LLP. Paul Astengo Senior Executive with Gibraltar Finance and who leads on technology initiatives was also present.