Gibraltar Blockchain Exchange (GBX) received a license from the financial services Commission of Gibraltar (GFSC), reads the official statement of the exchange.
GBX was established in July of this year, the Gibraltar stock exchange (GSX) and was declared as the first regulated on the national level trading platform and ecosystem for digital currencies.
“Starting November 21, 2018, the GBX acts as a fully licensed provider of the technology of the distributed registry, regulated by the financial services Commission of Gibraltar in the framework of the laws on the regulation of financial market of Gibraltar from 2018,” the statement reads.
Currently GBX supports trading six cryptocurrencies, including bitcoin and Ethereum, as well as the native token exchanges Rock (RKT). In the “near future” the exchange plans to add new assets, and support the US dollar.
Rules according to which the Gibraltar companies providing services using blockchain technology, are required to obtain the appropriate license from the financial services Commission, entered into force on 1 January 2018.