Coinfloor Awaits Green Light from Gibraltar
DLT providers are obliged to satisfy nine principles and pay an annual fee to comply with the regulatory framework.
Coinfloor is awaiting final approval to become a licensed provider of distributed-ledger technology (DLT) for its spot exchange platform under the Gibraltar Financial Services Commission’s (GFSC) regulatory framework.
The London-based bitcoin exchange for retail and institutional investors is expected to have a review on September 6, with representatives from the commission to determine whether the application is successful or not. Introduced on January 1, the DLT regulatory framework applies
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