For a small British overseas territory, Gibraltar is involved in some big things when it comes to cryptocurrency and blockchain.
Back in July a cryptocurrency exchange called the Gibraltar Blockchain Exchange (GBX) began operations. Now, this subsidiary of the Gibraltar Stock Exchange has received regulatory approval from the Gibraltar Financial Services Commission.
“Gibraltar has found the right blend of sensible and supportive regulation, which has helped position the jurisdiction as a lodestar for the global cryptocurrency space, while allowing blockchain companies to flourish,” he said in a statement. Read more here.