Supporting Growth with Digital Finance

In September 2025, the Commission launched the Digital Finance Initiative which aims to help position the Bailiwick of Guernsey as a trusted, agile and forward-thinking jurisdiction for digital financial innovation.  

This Consultation Paper forms an important part of the Digital Finance Initiative and aims to support innovation and the growth of digital finance. In it we make proposals for amendments to the regulatory framework to support digital finance growth in key areas including tokenisation, stablecoins, digital custody, and insurance as well as the use of technology more broadly within the Bailiwick’s finance sector.

This paper is aimed at:

• those working in the digital finance sector in the Bailiwick of Guernsey (‘Bailiwick/Guernsey’);
• digital innovators in Guernsey looking to start a digital finance business;
• existing regulated finance firms looking to develop or access digital finance; and
• global innovators and interested parties looking to start or expand a digital finance business which may benefit from locating in Guernsey.

The proposals will impact persons conducting regulated financial services activity in the Bailiwick and other stakeholders connected to the Bailiwick’s finance sector.