Looyens formerly held the position of Country Executive at ABN AMRO Bank in Spain, and he will be taking over from Nick Cowan, as the latter transitions into his role as CEO of the Gibraltar Stock Exchange (GSX) Group.
In the report, the EBA decried the lack of uniformity in crypto laws. It stated that this lack of equilibrium means that companies can move operations to “crypto havens” and face less-stringent regulations.
The Gibraltar Blockchain Exchange (GBX) has been granted a license from the Gibraltar Financial Services Commission (GFSC) required to operate a regulated blockchain exchange.