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Local News: New city commissioner appointed (6/3/22)
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Gibraltar Adds New Digital Asset Legislation, Aims To Set Standard On Market Integrity
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European joint venture aims to boost crypto s appeal to banks
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January 19, 2021 @ 3:06 pm By JD Alois
Gibraltar, an early entrant in the digital asset ecosystem, says it is adding to its already regulated digital ledger technology (DLT) framework with the development of a “10th Core Principal” for digital asset exchanges. A “Market Integrity working group” has been created to ensure that the added regulation” meets the global market standards for exchanges and other marketplace platforms, while also considering recently defined standards set by the EU and other international bodies.”
Joey Garcia, a partner at the law firm
ISOLAS LLP, has brought together members of the Global Blockchain Convergence to form the working group for the development of the new framework.