Gibraltar Stock Exchange’s Blockchain Platform Secures Licence From Financial Regulator
The Gibraltar Blockchain Exchange (GBX) has secured a license from the Gibraltar Financial Services Commission (GFSC). The GBX was established in July of this year by the Gibraltar Stock Exchange (GSX). The platform first announced its blockchain trading platform in November 2017, aiming to “become the world’s first nationally regulated digital asset marketplace and ecosystem.”
“As from 21st November 2018, the GBX will operate as a fully licenced provider of Distributed Ledger Technology (DLT), regulated by the Gibraltar Financial Services Commission under Gibraltar’s Financial Services Regulations 2018 DLT framework,” the announcement reads. Per the statement, the move makes the GSX the first regulated stock exchange to own and operates a regulated blockchain exchange.