< Back

29th January 2019, 20:53

Gibraltar's first DLT licensed company, Coinfloor Exhcange" scales back" operations on the Rock

Gibraltar's first DLT-licensed company is scaling down operations on the Rock just four months after being fully regulated by the Gibraltar Financial Services Commission.

Coinfloor, the UK's oldest cryptocurrencyexchange, set up in Gibraltar after learning about the Rock's regulatory framework for companies using distributed ledger technology.

Coinfloor, one of five companies so far to be awarded a DLT licence, blamed market conditions for the move.