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“# Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge ” 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 having three areas of licensed operation: the management of…
“# Crypto makes history in 2021: Five instances of governments embracing digital assets ” 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 of 2021…
“# Gibraltar’s government plans to bridge the gap between public and private sectors with blockchain ” 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 its systems. In a Tuesday announcement, Her Majesty’s Government…
“# Block.one’s Bullish exchange wins license from Gibraltar regulators ” 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…
“# Huobi Group is moving to Gibraltar following China crackdown ” Huobi Group, a Bitcoin (BTC) technology firm established in 2013, is relocating its spot-trading business to Gibraltar as a precautionary measure following China’s cryptocurrency clampdown. According to a report by Bloomberg, the Gibraltar Financial Services Commission has authorized Huobi to begin moving its spot-trading…
“# A minister’s look at what regulators expect from the industry ” Regulation is sometimes positioned as the enemy of innovation, an antagonistic force that reduces progress in the name of bureaucracy. However, when implemented sensitively and proportionately, regulation can strengthen a private sector’s reputation by creating the conditions necessary for businesses to focus on…
“# Gibraltar is now an observing member of the Global Blockchain Business Council ” The Government of Gibraltar has announced its official appointment as an observing member of the Global Blockchain Business Council, or GBBC. It will be working alongside blockchain industry leaders from more than 50 countries. According to the announcement, Gibraltar expects to…