Category: Gibraltar

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Why this tiny country is adopting the Bitcoin Lightning Network

Gibraltar is becoming well known for its pioneering crypto regulations, support for blockchain development and bitcoin adoption. Cointelegraph reporter Joe Hall visited the country of Gibraltar to explore Bitcoin adoption on The Rock, as the peninsula is known locally, and how the adoption of bitcoin for shopping in the territory is impacting business. The visit…
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Huobi wins license in the British Virgin Islands, no timeline for the UK yet

Huobi positions its subsidiary Brtuomi Worldwide as one of the first exchanges to provide compliant crypto derivatives and trading services in the British Overseas Territory. Major cryptocurrency exchange Huobi continues to expand its global footprint by entering the British Virgin Islands, a British Overseas Territory. Huobi officially announced on Friday that it secured an investment…
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The Costa’ Bitcoin on the rise: Major chains give Gibraltar a BTC boost

Major franchises in Gibraltar including Costa Coffee, the Card Factor and Hotel Chocolat now accept Bitcoin over the Lightning Network or on-chain. “But you can’t buy a coffee with Bitcoin,” the Bitcoin (BTC) critics chanted. Gibraltar, a tiny British Overseas Territory in Europe just blew a hole in that FUD as popular coffee chain Costa…
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Gibraltar rolls out new virtual asset regulation to combat market abuse

The document will require crypto companies to seek and prevent insider trading and market manipulation. The British overseas territory of Gibraltar introduced a new regulatory package for distributed ledger technology (DLT) service providers. The document elaborates on the responsibilities of crypto businesses in regards to threats of market manipulation and insider trading.  On April 27,…
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Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm

The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with cryptocurrencies. Regulators are currently reviewing this…
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Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge

The agreement is an essential step toward creating a fully regulated link between the fiat and crypto worlds, said Valereum. Gibraltar-based tech group Valereum Blockchain announced the acquisition of Juno Group, a company that aids in the establishment and administration of trusts, money management and enterprise creation in Gibraltar. Juno is a company that Valereum describes as…
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Crypto makes history in 2021: Five instances of governments embracing digital assets

While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation. As digital asset prices had been hitting new historical highs in 2021, many jurisdictions were increasingly adopting cryptocurrencies like Bitcoin (BTC) and other crypto-based instruments. In addition to Bitcoin crossing $68,000 for the first time since inception, the year…
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India’s CBDC, Ozzy Bites NFT, Decentralized Autonomous Rug Pull + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______ … Read More: India’s CBDC, Ozzy Bites NFT, Decentralized Autonomous Rug Pull + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Nexo & Fidelity Partnership, Gibraltar’s Blockchain Integration + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ … Read More: Nexo & Fidelity Partnership, Gibraltar’s Blockchain Integration + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Gibraltar’s government plans to bridge the gap between public and private sectors with blockchain

Officials have already started digitizing government services on the smart contract network RSK, but plan to step up work on the integration in early 2022. The government of Gibraltar, a British territory at the southern tip of the Iberian Peninsula, has started a pilot program aimed at utilizing blockchain technology to store official credentials on…
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