THE GIBRALTAR STOCK EXCHANGE HAS MADE BITCOIN IN THE LIST OF INVESTMENT PRODUCTS
Private stock exchange located in Gibraltar, added exchange-traded financial instrument (ETI), which invest in bitcoin.
Bitcoin ETI, announced today the Gibraltar stock exchange, are issued by the company PCC PLC iStructure.
Local firms Argentarius ETI Management Limited and Limited Revoltura also associated with the release of Bitcoin ETI. The exchange has advised that the introduction of the first of its kind approved in Europe.
Bitcoin ETI has the support of the local regulators in Gibraltar, and according to one of the firms that support product, is one of several planned developments.
The Minister of the Department of Financial Services and Gaming (the Gibraltar regulator) albert Isola (Albert Isola, said:
"We continue to work with the private sector and to promote a regulatory environment for operators of digital currency. The launch of the ETI on our exchange demonstrates our ability to be innovative and to provide the necessary speed to market"
The regulator of Gibraltar refused to comment.
The listing of ETI took place six months after this statement. The Gibraltar stock exchange was founded in 2014.