Press Releases

Roatan Financial Services Authority Joins Global Blockchain Business Council as an Observing Member

RFSA Director Appointed GBBC Ambassador for Honduras

March 2, 2023

ROATAN, Honduras March 02, 2023. The Roatan Financial Services Authority (RFSA) has officially joined the Global Blockchain Business Council (GBBC) as an observing member. Furthermore, Jose Luis Moncada, Director of the RFSA and Prospera's Innovation Hub, has been appointed as GBBC Ambassador for Honduras, making it one of the first Central American countries represented within the association.

"We are honored to join and represent GBBC," said RFSA Director, Jose Luis Moncada. "Blockchain technology has the potential to revolutionize finance, and our membership in GBBC gives us access to a network of global blockchain experts and thought leaders. This will enhance our knowledge and better serve our stakeholders," he added.

Global Blockchain Business Council (GBBC) is the largest leading industry association for the blockchain technology and digital assets community. Launched in Davos in 2017, GBBC is a Swiss-based non-profit, with more than 500 institutional members, and 231 Ambassadors across 109 jurisdictions and disciplines. The organization is dedicated to furthering adoption of blockchain technology by convening regulators, business leaders, and global changemakers to foster collaboration and advance dialogue to create more secure, equitable, and functional societies.

RFSA, as the financial services regulatory body in Próspera, is made up of a team of experts focused on supporting responsible innovation in the financial services and insurance industries. Their goal is to increase financial inclusivity and position Honduras as a leader in the industry. The appointment of Director Moncada as GBBC Ambassador reflects the RFSA's and Honduras' commitment to global leadership in the field of blockchain technology and progress in the financial services sector.

About Próspera:

Próspera is a governance platform that enables a global community of builders to collaborate and build next-generation cities. Its digital platform and physical hubs provide a unique base for 21st-century pioneers to launch and achieve their goals. With a common-sense regulatory framework and effective tax rates in the single digits for individuals and businesses, Próspera's policies are designed to be an economic booster, facilitating business operations and unlocking new opportunities for innovation and foreign investment, for the benefit of both Próspera residents and Honduras as a whole.