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2nd January 2018, 19:39

DLT Regulatory Framework now in effect

The Gibraltar Financial Services Commission’s Distributed Ledger Technology Regulatory Framework came into effect on the 1st January. This means that firms on the Rock that use DLT, also known as Blockchain, to store or transmit value belonging to others, will now have to apply for a licence. The application process is three fold. Our reporter, Katy Docker, spoke to GFSC's Nicky Gomez to learn more about the process.