British Bank Says “No” to Crypto Firms from Gibraltar

British Bank Says “NO” to Crypto Transactions from GibraltarLess than a week since it started licensing blockchain businesses, Gibraltar has received bad news from the United Kingdom. A leading British bank has refused to process orders from crypto firms based in the overseas territory. Gibraltan banks are now on the lookout for another UK banking partner. Also read: Britain: Where You Can Bet […]

The post British Bank Says “No” to Crypto Firms from Gibraltar appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Gibraltar Launches Regulation to Protect Value and Reputation

Gibraltar Launches Blockchain Regulation to Protect Value and ReputationA mechanism tailored to protect customers of cryptocurrency businesses in Gibraltar, and its own reputation, went into effect on January 1. The regulation targets blockchain technology – companies storing and transmitting value must now be licensed by the Financial Services Commission (GFSC).  Also read: Malta Bitcoin Schizophrenia: Government and Banks Send Mixed Signals Gibraltar – […]

The post Gibraltar Launches Regulation to Protect Value and Reputation appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico