Tap Global Ltd (TAP) has been granted the in-principle approval of their DLT licence from the Gibraltar Financial Services Commission. This licence will enable TAP to launch a fully regulated Crypto Wallet linked to the TAP Prepaid Mastercard card. The TAP accounts come with multiple crypto and fiat wallets and will have access to real-time crypto trading with numerous exchanges, all assets are held securely in multi signatory “cold storage” wallets or electronic money client accounts. David Carr COO of TAP commented: “This approval has been tough to obtain which makes it worth more to the TAP team. Although there
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There is increased awareness in cryptocurrency trading which is reflected in the volume of trades that occur across exchanges on a daily basis. According to data from CoinmarketCap, over $57 billion worth of cryptocurrencies have been traded within the last 24 hours as at the time of writing. A large part of the trades that are responsible for this volume are happening across regular cryptocurrency exchanges with complex procedures and duplicated fees. For instance, a trader who may want to purchase any cryptocurrency token other than Bitcoin or Ethereum, in most exchanges will need to first buy either of them,