LMAX Digital seeks licence to operate in Gibraltar

The move comes on the back of booming volumes on the platform  

David Mercer - 2018
David Mercer: “LMAX Digital was designed to address the challenges that have hindered institutional growth in the cryptocurrency market”

Cryptocurrency trading platform LMAX Digital has received an ‘in-principle’ decision from the Gibraltar Financial Services Commission (GFSC) to operate a digital asset business in the British overseas territory.

The in-principle decision is the first stage to full authorisation and is attributed to firms that meet the nine regulatory principles in Gibraltar’s digital ledger technology regulation.

Many firms in the crypto space have opted to register in Switzerland’s Crypto Valley to take

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