LMAX Digital seeks licence to operate in Gibraltar
The move comes on the back of booming volumes on the platform
Cryptocurrency trading platform LMAX Digital has received an ‘in-principle’ decision from the Gibraltar Financial Services Commission (GFSC) to operate a digital asset business in the British overseas territory.
The in-principle decision is the first stage to full authorisation and is attributed to firms that meet the nine regulatory principles in Gibraltar’s digital ledger technology regulation.
Many firms in the crypto space have opted to register in Switzerland’s Crypto Valley to take
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