Thread by @PanPeterS5

Many cryptocurrency exchanges are now making proud claims about their regulated status, but does “regulated” really mean what investors think?
#VLRM are working closely with #GFSC to ensure they are fully regulated! I can't stress enough regulation is 🔑

blogs.lse.ac.uk/businessreview…

Given the fundamental role played by cryptocurrency exchanges in the overall crypto ecosystem and the growing degree of entanglement between crypto and conventional finance, it is important to not just understand whether crypto exchanges are regulated but how they are regulated.

To understand the current picture of regulation, we carried out a qualitative review of 16 leading exchanges (see Table below) #BTC #regulation #GSX #thinkgibraltar #AQUIS #Ethereum #blockchain #blockchainexchange #crypto #CryptocurrencyNews #NFTs

In 2022, blockchain firm Valereum announced plans to set up a cryptocurrency stock exchange in the territory, and bought a 90% stake in the Gibraltar Stock Exchange. @RPoulden @DavidLenigas @FrontierFinance @ValereumPLC

If sanctioned by the Gibraltar Financial Services Commission, the move would pave the way for a fully-regulated exchange dealing in both fiat and digital currencies.

The move proposes to create the world’s first integrated bourse where conventional bonds can be traded alongside cryptoassets & currencies. This development brings into sharp focus Gibraltar’s blossoming reputation as a pioneering jurisdiction in the DLT space.

Minister Isola has some cautionary words for the naysayers: “If you wanted to do naughty things in crypto, you wouldn’t be in Gibraltar, because the firms are licensed and regulated, and they aren’t anywhere else in the world”.