The digital assets derivatives exchange becomes one of the first such exchanges outside of the US to get to this stage.
Gibraltar, London, 27 May 2020 – ZUBR, the arbitrage hub for digital asset derivatives, has received today an in-principle decision from the Gibraltar Financial Services Commission (GFSC) to grant the firm authorisation as a Distributed Ledger Technology (DLT) provider, one of the first European digital derivatives exchanges that will become regulated.
ZUBR is an instant, low-cost and transparent digital derivatives arbitrage hub for traders seeking a fair and reliable gateway to crypto markets.
The in-principle approval is the beginning of the final stage of the licence authorization process, and ensures that ZUBR shall be, by the time the licence is issued, compliant with the nine regulatory principles set out in Gibraltar’s DLT regulations, designed to protect consumers and businesses using digital assets stored or transmitted on distributed ledgers.