Block.one, the developer of the EOS.IO protocol — the blockchain network of the EOS cryptocurrency — continues progressing with its cryptocurrency exchange subsidiary known as Bullish.
Bullish officially announced on Wednesday that its branch, Bullish Limited, obtained a distributed ledger technology license from the Gibraltar Financial Services Commission (GFSC).
The regulatory approval marks a major milestone ahead of the exchange’s launch. Block.one announced plans to build the exchange in May 2021.
Block.one CEO and Bullish chairman Brendan Blumer said that Gibraltar is emerging as a “leading blockchain and virtual assets hub” that can provide a foundation for crypto-focused companies to “operate securely and in compliance with industry
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