Gibraltar Updates Distributed Ledger Framework to Align With FATF Crypto Regulations

The 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 … Read more

Bitso’s Partnership With Ripple can Bring ODL to Latin America

Ripple’s technology continues to make inroads in the financial and cryptocurrency industry alike.Bitso, the largest exchange in Mexico, sees tremendous merit in ODL. Everyone wants to benefit from quick, convenient, and fast access to wealth at all times. Bitso Thinks ODL is a Good fit for Latin America When relying on the traditional legacy systems, … Read more

Bank of Mexico’s Attempt to Regulate Crypto ‘Is a Disaster,’ Exchange CEO Explains

The long-awaited rules on crypto assets recently published by the central bank of Mexico have caused quite a stir. A local cryptocurrency exchange’s CEO explains to news.Bitcoin.com that “the impact goes beyond the crypto industry.” Calling it “a disaster,” he asserts that the people within the central bank “have really shown their ignorance” about cryptocurrency. … Read more