It’s Tough Getting Approved in Gibraltar, Says Green-Lighted Crypto Derivatives Exchange
Published in
1 min readAug 11, 2020
By Paddy Baker
Receiving regulator approval to operate in Gibraltar is anything but easy, crypto derivatives exchange ZUBR told CoinDesk.
ZUBR, which began trading in March, said Wednesday it had received in-principle approval from the Gibraltar Financial Services Commission (GFSC) as a Distributed Ledger Technology (DLT) provider. The approval is on the condition the exchange addresses some of the regulator’s feedback by the time it gets its license.