Cryptocurrency exchange will receive a license in Gibraltar

The London cryptocurrency exchange Coinfloor plans to obtain a license in Gibraltar. After the license obtaining, the exchange will be regulated as a provider of DLT-technology (blockchain).

Now the exchange has been tested on a number of points which determine compliance with AML and KYC standards and the principles of combating money laundering and terrorist financing. It was necessary to prove that Coinfloor has reliable IT security systems that will cope with cyber attacks that are actively spreading to cryptocurrency exchanges.

On materials of the following website: http://www.gfsc.gi/regulated-entities/dlt-providers-38