Reports Show Crypto Custodian Xapo Set to be a Digital Bank in Gibraltar

According to a recent report, the cryptocurrency custodian Xapo is getting ready to become a “fully-fledged” bank in the British Overseas Territory of Gibraltar. The region located at the southern tip of the Iberian Peninsula has also been extending “regulatory guidelines for digital asset exchanges,” according to a partner at the international law firm Isolas […]

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Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations

Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto RegulationsThe Gibraltar Financial Services Commission (GFSC) has updated its guidance notes for distributed ledger technology (DLT) providers to include recommendations for risk management, as well as clarify aspects around the issuance of digital assets. In a statement released on September 17, the regulator said the new updates are part of an ongoing effort to adapt […]

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