GFSC Updates Regulations to Include Latest FATF Rules

Rate this post The Gibraltar Financial Services Commission, GFSC, has updated its regulations related to the operation of DLT providers. The regulations have been updated in order to meet with the latest FATF rules. According to the firm, this action has been taken in response to the huge blockchain adoption and fast-moving nature of the technology. The commission is also aiming to support the companies meanwhile protecting the rights of the consumers.  GFSC Requires VASPs to Capture and Maintain Transactions Record In the updated guidance by FATF, there are recommendations