Obi Nwosu, CEO of Coinfloor, recently addressed the UK (Treasury Committee) and mentioned Gibraltar’s approach to DLT regulation. The link to the evidence can be found below – standing out in the contributions by Mr Nwosu is the following text:
Q141: “We have set up Coinfloor Exchange Gibraltar. The reason why is that we were incredibly impressed with Gibraltar’s forward-thinking approach to regulation. We have been working with them for over a year. They have taken a policy around AML and CTF, countering terrorist financing. They have also looked at policies around custodianship of cryptocurrency, treating customers fairly, and they have taken a broader look at the market”
For the full text of the oral evidence given to the UK Treasury Committee please click here
