Gibraltar News

Gibraltar is becoming well known for its pioneering crypto regulations, support for blockchain development and Bitcoin adoption.

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.

Crypto experts on The Rock of Gibraltar shed light on the crypto-friendly jurisdiction; it could explain why Binance is now recruiting on the British Overseas Territory.

In an interview with Cointelegraph, MP Isola detailed Gibraltar’s crypto regulatory landscape and his interest in Bitcoin.

Major franchises in Gibraltar including Costa Coffee, Card Factory and Hotel Chocolat now accept Bitcoin over the Lightning Network or on-chain.

The document will require crypto companies to seek and prevent insider trading and market manipulation.

The agreement is an essential step toward creating a fully regulated link between the fiat and crypto worlds, said Valereum.

While 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation.

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.

Block.one announced its plans to build Bullish, its own blockchain-based crypto exchange, in May 2021.

Huobi Gibraltar has already secured the necessary licenses from local authorities.

Regulation can add value by strengthening the reputation of a marketplace and creating the conditions to unlock innovation and enhance it.

The British Overseas Territory is making steps toward bringing blockchain adoption into the mainstream.

An upcoming digital assets exchange has vowed to work with regulators around the world to deliver a cutting-edge experience to retail and institutional investors.

Without constant nurturing through communication and collaborative efforts, the pursuits of legislators and businesses would be fruitless.