RATE Group | B21 Granted License as First Regulated App for Cryptocurrency and Digital Asset Investme…
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B21 Granted License as First Regulated App for Cryptocurrency and Digital Asset Investme…

02 Oct B21 Granted License as First Regulated App for Cryptocurrency and Digital Asset Investme…

Posted at 15:37h in Cryptocurrency News by

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Gibraltar Financial Services Commission awards B21 an in-principle DLT License to Purchase, Manage and Sell Top Cryptocurrencies and Custom Portfolios

GIBRALTAR, Oct. 02, 2019 (GLOBE NEWSWIRE) — (via Blockchain Wire) – B21 (www.b21.io), developers of the personal wealth management platform exclusively for crypto assets, has been granted an in- principle Distributed Ledger Technology (DLT)  License from the Gibraltar Financial Services Commissioner (GFSC). With this decision, B21 is set to become the first regulated cryptocurrency investment app. The app will be available in Europe and Asia at launch in Q4 2019, with plans to enter the US market in 2020. As a regulated service provider and custodian, B21 will protect crypto investors while simplifying the process of managing crypto assets through an easy-to-use mobile application. B21 underwent rigorous due diligence to earn its DLT and joins a select few cryptocurrency firms to achieve the distinction. 

“While crypto investing…

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