Tag Archives: Gibraltar

200 ICOs Waiting To Launch On New Blockchain Exchange

Gibraltar has already attracted “200” prospective ICOs ahead of the planned launch of its Gibraltar Blockchain Exchange (GBX), an official announced March 20. Speaking to Financial Times, GBX chief
executive Nick Cowan said that companies have shown huge interest in launching token sales under the British Overseas Territory’s band-new regulated ICO environment. “GBX has to date been approached by up to 200 applicants seeking to launch their ICO through the Gibraltar Blockchain Exchange,” he said. Continue reading 200 ICOs Waiting To Launch On New Blockchain Exchange

Gibraltar Government to Launch ICO Regulations

Last month, the world was informed that the Gibraltar Blockchain Exchange will roll out its very own initial coin offering (ICO). The ICO offering commenced on February 7 and will close three days from now. Two days after the ICO offering began, Reuters reported that the public should expect in the coming weeks to see a draft law surface from both the Gibraltar government and Gibraltar Financial Services Commission. Reportedly, the draft law will put forth the ICO regulations in the British overseas territory. For those who don’t know, the Gibraltar Blockchain Exchange is a subsidiary of the Gibraltar Stock Exchange, which is an extremely crypto-friendly exchange. According to lawmakers, this is significant news as the draft law marks the first ever set of ICO regulations. The draft law that is thought to surface in the next couple of weeks will help to regulate the sale, promotion, and distribution of digital tokens on the British overseas territory.

Reference: https://cryptocurrencynews.com/icos/ico-news/gibraltar-government-to-launch-ico-regulations/