The Gibraltar Blockchain Exchange (GBX) aims to help regulate cryptocurrencies by providing corporate governance and transparency. In a statement on its website, the exchange said it is working with the Financial Services Authority (FSA) in order “to establish an effective regulatory framework for digital currencies.” The GBX has also been set up as a subsidiary of the Gibraltar Stock Exchange, to provide institutional grade governance, due diligence and process. The GBX aims to lead the way in setting higher standards for token sales, including criteria for a professional whitepaper, and effective due diligence on the company controllers. Such measures aim to create a practical and standards-driven example to improve the perception of digital currencies.
The Gibraltar Blockchain Exchange (GBX) aims to help regulate cryptocurrencies by providing corporate governance and transparency. In a statement on its website, the exchange said it is working with the Financial Services Authority (FSA) in order “to establish an effective regulatory framework for digital currencies.” The GBX has also been set up as a subsidiary of the Gibraltar Stock Exchange, to provide institutional grade governance, due diligence and process. Such measures aim to create a practical and standards-driven example to improve the perception of digital currencies.