Cryptocurrency giant Huobi Global is delighted to announce that
it has been granted a Full Distributed Ledger Technology (DLT)
license in Gibraltar for exchange related activity.
The new license gives Huobi the authority to store and transmit
digital assets on behalf of clients worldwide. In addition to
bringing crypto-to-crypto trading within a fully regulated
environment, the license also opens up exciting possibilities for
simplified and efficient fiat-to-crypto and crypto-to-fiat
functionality that provides an alternative to OTC services.
Huobi's license is among the first batch of licenses awarded by
Gibraltar via its newly instituted regulatory environment for
overseeing digital assets. Gibraltar is the first jurisdiction to
introduce a purpose-built DLT regulatory framework.
