LMAX Digital Gets ‘In Principle’ DLT License Of Gibraltar

LMAX Digital (a cryptocurrency exchange) has received the ‘in principle’ authorization from Gibraltar’s financial services watchdog to operate as a Distributed Ledger Technology (DLT) provider. LMAX Exchange CEO David Mercer said: “We believe regulatory input is essential for the growth of the cryptocurrency market. LMAX Exchange Group has always supported regulatory oversight and we work proactively with regulators.”

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LMAX Digital Gets ‘In Principle’ DLT License Of Gibraltar

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.

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