Blockchain Startups are “Craving” Regulation, says Gibraltar Official

The Gibraltar Financial Services Commission (GFSC) has announced its plans to establish a new licensing system for startups focusing on Blockchain technology.

The system applies to companies that offer financial services, meaning they transmit money or assets, through the use of Blockchain or distributed ledger technology (DLT). The British overseas territory sees this new regulatory system as a way to attract new fintech firms — new Blockchain companies could boost the financial services industry after Brexit.

You can read the full article written by Joshua Althauser here.

 

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