The securities regulator in Gibraltar has released updated guidance for blockchain technology, offering greater legal clarity on digital token issues and risk management.
The Gibraltar Financial Services Commission has overhauled seven of its nine guiding principles, which were first set out in 2018, on which the regulatory framework is based.
According to a statement from the regulator, the guidance has been updated to better reflect the "natural evolution of the defined regulatory principles", taking account of changes in the industry since the guidance was first drawn up.
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