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Cryptocurrency exchange Coinfloor has received a blockchain license from the strictly regulated Gibraltar Financial Services Commission (GFSC), and is the first crypto exchange to do so since the Gibraltar government instituted its blockchain regulatory laws, according to Finance Magnates.
As the infrastructure of a fresh market materializes on the global stage, the ins-and-outs of institutional-grade finance seem to have become nothing short of table-talk.
As Wall Street waits on the green light from Capitol Hill, seeds appear to have been scattered further afield in pastures of friendlier regulation.
Cryptocurrency is rapidly gaining traction as a global medium of payment.