About Gibraltar Blockchain Exchange
GBX is a member of the GSX group of companies, of which GSX Group Limited is ultimate parent (“GSX Group”). GBX proposes to establish the Gibraltar Blockchain Exchange (GBX) and seek approval from the Gibraltar regulator within Gibraltar’s DLT regulatory framework.
The aim is for GBX to become a fully integrated utility token sale platform and digital asset exchange (“GBX Market”) licensed under the DLT regulations during the first half of 2018.
GBX is in a unique position to offer the GBX Market within the environment of a stock exchange and therefore provide much-needed anti-money laundering and know-your-customer (“AML/KYC”) standards, quality control, accountability and transparency to the digital asset market. With the corporate governance, management expertise and regulatory experience of the GSX, GBX proposes to follow a similar governance and rules-based system for admission and trading of digital assets and cryptocurrencies.
Gibraltar Blockchain Exchange Details
Gibraltar Blockchain Exchange News
XRP reaches Australia with FlashFX launching a new Ripple-based exchange in a move that increases the rate of mainstream adoption of cryptocurrencies in the country.
Nissan previewed its new EV to the car industry that is said to have a 300-mile range. Experts say that this puts other car manufacturers on thin ice, especially Tesla.
Northmill, a Swedish fintech company, has received an SFSA (Swedish Financial Supervisory Authority) approval to receive a banking license. Experts are speculating that other competitors in this field such as Revolut and N26 should be worried.
On Sunday, the Ethereal Summit took place. At the event, Ethereum’s Joseph Lubin and Vitalik Buterin commented on the Ethereum 2.0 update and discussed possible collaboration with Facebook on its Libra currency.
Square’s cryptocurrency-friendly payment app Cash App is reportedly testing a new feature allowing customers to buy and sell stocks. The startup’s employees began testing the new feature in recent weeks.
Coinme, a global leader in cryptocurrency ATMs, secured $1.5 million in funding from Ripple’s Xpring and the Blockchain Finance Fund to develop its cryptocurrency ATM network in the U.S. and international markets.
Teeth-straightening provider SmileDirectClub late Wednesday announced that its class A shares were priced at $23 a share, slightly above the $19- to $22-a-share range it had said it would be targeting. But yesterday its shares went down.
The Libra Association director granted an interview with a French news firm where he gave a bit more insight into the progress made so far including that the Libra will launch by the second half of 2020 with many members as well.