Catenaa, Saturday, May 17, 2025- Gibraltar has teamed up with Peter Thiel-backed Bullish to create a new regulatory framework for clearing and settling crypto derivatives, marking a major shift in institutional adoption of digital assets.
The collaboration, announced on May 13, introduces a system designed to integrate traditional finance (TradFi) risk management practices into the crypto sector.
This initiative will feature a regulated, independent clearing house for crypto derivatives, a key step in mitigating risks and enhancing transparency in the market.
The framework aims to align crypto markets with established financial regulations such as EMIR and Dodd-Frank, while also facilitating institutional participation.
Bullish’s clearing house will accept select cryptocurrencies as collateral and settlement currencies, opening the door for more institutional players to enter the market.
Bullish highlighted that the framework represented the first global regulated crypto clearing house, offering robust risk management and regulatory oversight.
The new rules are expected to have broader implications, potentially influencing regulations in other markets, including the European Union’s MiCA framework and US crypto policies.
Gibraltar, long a leader in tech-forward regulation, pioneered Distributed Ledger Technology (DLT) laws and continues its leadership with this unprecedented clearing solution.
Bullish has already made significant strides in expanding its regulatory footprint across Europe, including acquiring BaFin licenses in Germany and appointing high-profile executives to lead its operations in the region.
