Gibraltar updates DLT framework to comply with FATF rules

Cointelegraph

Published Sep 20, 2020 02:21PM ET

Updated Sep 20, 2020 04:00PM ET

The Gibraltar Financial Services Commission (GFSC) has updated its regulations governing the operation of distributed ledger technology (DLT) providers to include the latest Financial Action Task Force (FATF) rules.

The GFSC said this is in response to blockchain’s fast-moving nature, especially as the agency seeks to support companies while protecting consumers.

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