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LCX Joins Global Digital Finance (GDF) to shape Public Policy for Cryptocurrency & Blockchain Technology

by LCX Team
September 6, 2019

LCX is building an ecosystem for crypto and fiat alike to become the new category leader in blockchain banking. Today, LCX announces to become a member at Global Digital Finance (GDF) joining a select group of global blockchain companies such as Circle, Coinbase, Consensys, Cardano, Diginex, Huobi, Templum & others. 

As blockchain technology is redefining the financial industry as we know it, LCX engages at Global Digital Finance (GDF) to re-think and re-define public policies and help create global standards. 

LCX-Joins-GDF

Organizations emerging rapidly have recognized a need for uniform crypto regulations having accountability worldwide. Governments and regulators face unique challenges by the crypto world and digital assets. With separate legal and regulatory frameworks, the global transfer of assets and information across borders is made possible by this budding and emergent asset class.

GDF is an industry membership body that promotes the adoption of best practices for crypto and digital assets and digital finance technologies, through the development of conduct standards, in a shared engagement forum with market participants, policymakers and regulators.

LCX is already a member at the World Economic Forum engaging with governments and regulators as they face unique challenges by the crypto world and digital assets. With separate legal and regulatory frameworks, the global transfer of assets and information across borders is made possible by this budding and emergent asset class. Markets and investors might be exposed to risks of legal and regulatory arbitrage unless they get accountability of uniform legal crypto regulations.

GDF fosters the adoption of ideal practices for crypto assets and digital finance technologies via the development of conduct standards in a forum that consists of market participants, regulators, and policymakers.

LCX confirmed its participation with GDF and its commitment to the evolving standards to augment the acceleration and adoption of digital assets. Sharing insights from Liechtenstein blockchain laws and regulation, as well as developing new compliance standards for the blockchain industry.

Learn more about Global Digital Finance (GDF) here.

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