Gibraltar Grants Coinfloor in-Principle License as DLT Provider

[kreslik.news]

London-based crypto exchange Coinfloor has announced that its spot exchange in Gibraltar has been officially licensed by the Gibraltar government. According to an official statement from the company to Finance Magnates, Coinfloor is officially authorised as a DLT (distributed ledger technology) provider under the Financial Services (Distributed Ledger Technologies Providers) Regulations 2018, the territory’s DLT regulatory framework.

Gibraltar’s framework was originally introduced in January of this year, and was lauded as an important milestone for the global cryptocurrency industry. The territory was one of the first legal jurisdictions in the world to provide the possibility for cryptocurrency firms to ... (read more)