Tagged: gibraltar

January 9, 2025 @ 3:20 pm By JD Alois  |  

While MiCA [Markets in Crypto Assets] rules in the EU do not regulate securities it does outline a path for stablecoin integration. Stablecoins may emerge as the next iteration of payments rails with immediate transfers and low cost services. Dary McGovern, Chief Operating Officer of… Read More

December 26, 2023 @ 2:03 pm By Omar Faridi  |  

Bullish, which claims to be among the “fastest-growing,” regulated, institutional digital assets exchange, recently launched perpetual futures for eligible customers following approval from its regulator, the Gibraltar Financial Services Commission (GFSC). The growing dominance of the global crypto derivatives market, which “accounts for approximately 75%… Read More

November 20, 2023 @ 2:42 pm By Tony Zerucha  |  

Xapo Bank, a fully licensed bank that combines traditional banking with access to Bitcoin, stablecoins, and altcoins, recently announced it is launching three more cryptocurrencies that members can buy, sell, and hold on the Xapo Bank app — Ethereum (ETH), Cardano (ADA), and Polygon (MATIC)…. Read More

October 24, 2023 @ 9:46 am By JD Alois  |  

Orbital has received approval from the Gibraltar Financial Services Commission (GFSC) to operate as an Electronic Money Issuer (EMI) and a Distributed Ledger Technology (DLT) Provider. Orbital has offices in London, Gibraltar, and Tallinn. Gibraltar has long been known as an enabler for digital asset… Read More

August 4, 2023 @ 7:45 am By Omar Faridi  |  

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

May 22, 2023 @ 12:49 pm By JD Alois  |  

Crypto brokerage LondonLink has raised £510,500 on a securities offering on Seedrs. According to the offering page, 140 investors participated in the sale of convertible security that holds a 30% discount to a future priced funding round. LondonLink securities are offered under the Seedrs Nominee… Read More

May 10, 2023 @ 8:40 am By Omar Faridi  |  

Xapo Bank, a licensed private bank that aims to combine traditional banking with access to Bitcoin and stablecoins, claims to have become the first bank in the world to integrate Tether (USDT) payment rails. Xapo Bank is regulated and based in Gibraltar. Earlier this year,… Read More

April 11, 2023 @ 10:17 pm By Omar Faridi  |  

FWD Group Holdings Limited recently completed its majority investment, with other investors, in Gibraltar BSN Life Berhad, “marking its entry into the Malaysian life insurance market.” The transaction was originally “announced on 20 February 2023.” As a result, FWD Group can now “provide a full-service… Read More

March 21, 2023 @ 9:59 am By JD Alois  |  

Xapo Bank says it is the first regulated bank to accept USDC deposits and withdrawals. Issued by Circle, USDC is the second largest stablecoin by market cap, pegged to the US dollar. Xapo Bank is regulated and based in Gibraltar. Xapo Bank states that USDC… Read More

October 31, 2022 @ 3:29 pm By JD Alois  |  

Valereum plc (AQSE: VLRM) has been approved to acquire the Gibraltar Stock Exchange (GSX). The consent was provided by the Gibraltar Financial Services Commission (GFSC). The deal was first revealed in the fall of 2021. The acquisition is expected to be completed in the first… Read More

May 25, 2022 @ 10:43 am By Omar Faridi  |  

Bitfrost, the fintech ecosystem that supports financial institutions in their adoption and management of digital assets, announced its successful registration “as a Virtual Assets Service Provider (VASP) with the Gibraltar Financial Services Commission (GFSC).” Now, Bitfrost can “provide clients with access to fiat-to-crypto, crypto-to-fiat and… Read More

April 27, 2022 @ 8:55 am By JD Alois  |  

HM Government of Gibraltar has published new regulations aiming to set a standard for market integrity in the digital asset sector.  The goal is to the prevention of market manipulation and insider trading as well as additional disclosure and outlined trading standards. According to a… Read More

December 30, 2021 @ 8:24 pm By JD Alois  |  

Valereum Blockchain Plc (AQSE: VLRM), has agreed to acquire Juno Group of Companies, a Gibraltar-based firm that facilitates the formation and management of trusts, administration of funds, and the formation of companies in Gibraltar. Juno also operates with both fiat and cryptocurrencies. In October of… Read More

October 26, 2021 @ 3:12 pm By JD Alois  |  

Valereum Blockchain Plc (AQSE: VLRM) has signed an agreement to purchase 80% of the shares of the Gibraltar Stock Exchange (GSX). Terms of the deal were not disclosed. According to a statement by GSX Group, the exchange group will retain the remaining 20% of outstanding… Read More

October 1, 2021 @ 9:54 am By JD Alois  |  

LendingBlock, a Gibraltar licensed DLT provider, will officially commence crypto lending on Monday (October 4, 2021) according to posts on Telegram. Gibraltar has positioned itself as a jurisdiction that is digital asset friendly in a regulatory compliant ecosystem. LendingBlock states: “Lendingblock opens for business Monday,… Read More

September 27, 2021 @ 7:47 am By Omar Faridi  |  

Greengage announced that it has strengthened its senior leadership team with the appointment of a new Chief Financial Officer. The company has hired former Starling Bank Head of Finance, Brennan Elliott-Jones, in order to accelerates growth of its Gibraltar business operations. Greengage, which intends to… Read More

August 4, 2021 @ 8:28 am By Omar Faridi  |  

The team at Digital Asset Management reports that it is now live on Crowdcube as the first Gibraltar registered firm to crowdfund. The firm’s management told Crowdfund Insider: “During the first few days of being live in Dam’s community, the company has raised over 1,000,000… Read More

June 28, 2021 @ 8:27 am By JD Alois  |  

Gibraltar Finance, the business development arm of HM Government of Gibraltar, is partnering with NFT Vision Hack, to encourage creative solutions to the NFT [non-fungible token] sector.  The global hackathon takes place from July 3 to August 30, 2021. Gibraltar has long sought to position… Read More

April 20, 2021 @ 11:47 pm By Omar Faridi  |  

London-based Clear Junction, a global payments solution provider, revealed on Tuesday (April 20, 2021) that it’s offering banking and payments solutions to Turicum Private Bank, with a key focus on handling real-time payments in GBP and EUR. Turicum Private Bank is a privately-owned banking institution… Read More

April 5, 2021 @ 5:41 pm By JD Alois  |  

INX says that April 22, 2021, is the official last day of its token offering. INX Limited filed an F-1 with the Securities and Exchange Commission (SEC) in 2019, which was subsequently approved in early 2020. At that time, INX indicated it was hoping to raise up to… Read More