Government and JFSC to launch digital assests Innovation Council

A new council is to be launched to help Jersey's financial services industry remain at the forefront of emerging technologies and capitalise on the rapidly evolving digital assets market.

The Innovation Council, which will bring together technology specialists and experts from industry and the Jersey Financial Services Commission (JFSC), is being established under the banner of the Competitiveness Programme - a major Government-led initiative to strengthen and grow Jersey's financial services sector over the next decade and beyond. The government and the JFSC are now inviting specialists to register their interest in joining the group.

Digital assets are electronic representations of value, such as digital money or ownership rights, that are issued and transferred using secure blockchain technology. They include cryptocurrencies, such as Bitcoin, as well as tokenised versions of traditional assets such as stocks, bonds, or real estate that can be traded more quickly and in smaller, fractional amounts.

During a keynote speech at the annual Financial Services Update last month, the Minister for External Relations, Deputy Ian Gorst, who has responsibility for financial services, outlined the importance of Jersey remaining at the forefront of responsible innovation amid major changes in the global business environment.

Today, Deputy Gorst said: "Digital assets is an increasingly important area of business for Jersey and it is vital that we become a leader in this growing market. Jersey is very much open for business in this area, and it is forming a significant strand of the Competitiveness Programme. This brings with it both opportunities and responsibilities, and so we are looking carefully at how Jersey can maintain its reputation for robust regulation while supporting innovation that benefits our economy and global competitiveness."

Industry participants and technology specialists who wish to express interest in joining the Innovation Council are invited to email [email protected] by no later than Friday 30 January 2026.​

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