In 2018 alone, a handful of high profile crypto-currency exchanges relocated a significant chunk of their operations to Malta, including Binance, OKEx and ZBX.
The message is accompanied by a link to a letter from Deltec Bank, which says that on October 31, 2018, the value of Tether’s account was $1 831 322 828.
The association will establish formal lines of communication between policy makers and the private sector in Gibraltar’s fast developing blockchain industry as well as facilitating the exchange of knowledge and ideas, with a view to enhancing public
The Blockcerts will be issued using the Learning Machine Federated Issuing System, an enterprise platform for nation-states and multinational organisations looking to securely digitise the issuance and verification of official records.
Brickblock, which has offices in Berlin and Gibraltar, is a technical service provider for real estate investments on the blockchain.
Growth in the cryptocurrency industry is not easy to come by. Especially when it comes to securing banking services, struggles remain in place. In Bermuda, a country openly attracting startups, similar issues persist. There is still a very long way to go
“The foundation of any institutional-quality investment management business is strong regulatory oversight and for this reason, we chose Bermuda for our global headquarters,” said Newhook.
EQIBank also has an in-house cryptocurrency exchange, offers peer-to-peer loans between clients, and provides vaulting services for digital assets; all things that should endear it to traders and investors alike.
Lloyd’s, the world’s oldest specialty insurance market, for example, has recently launched Lloyd’s Lab under similar pretense and with great fanfare.