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.

green-light

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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