The Guernsey Financial Services Commission has published consultation feedback and guidance on asset tokenisation, concluding that its technology-neutral framework can support digital finance with targeted refinements. The guidance supports the tokenisation of investments and other assets, permits public blockchains for fund tokenisation and clarifies the regulatory treatment of tokenised securities. The Commission will remove rules preventing virtual asset service provider licensees from serving retail customers and eliminate additional environmental reporting obligations. It also clarified that tokenised insurance-linked securities do not require virtual asset service provider licensing and will introduce reporting requirements to monitor digital finance activity. Further work with the States of Guernsey will seek to simplify licensing and allow existing investment and insurance licensees to conduct certain virtual asset activities under specified conditions without an additional licence. Further feedback and rules on stablecoins are expected in autumn 2026.
Guernsey Financial Services Commission2026-07-24
Guernsey Financial Services Commission issues asset tokenisation guidance and eases digital finance restrictions
The Guernsey Financial Services Commission has issued asset tokenisation guidance that permits public blockchains for fund tokenisation and clarifies the treatment of tokenised securities. It will ease restrictions on virtual asset service providers, simplify licensing for certain existing licensees and introduce digital finance reporting requirements. Stablecoin feedback and rules are expected in autumn 2026.