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Gibraltar Launches Regulation to Protect Cryptocurrency Value and Reputation

Bitcoin.com --------- A mechanism tailored to protect customers of cryptocurrency businesses in Gibraltar, and its own reputation, went into effect on January 1. The regulation targets blockchain technology – companies storing and transmitting value must now be licensed by the Financial Services Commission (GFSC). The Digital Ledger Technology (DLT) Regulatory Framework has been introduced after last month the Legislature of Gibraltar approved a bill designed to update its financial services regulations. It laid down the foundation for new legislation governing the cryptocurrency sector in the territory with financial services and online gambling still considered the major pillars of the economy. To learn more click on the picture below to read the article.

Gibraltar Launches Regulation to Protect Cryptocurrency Value and Reputation - Read More at Bitcoin.com

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