Gibraltar Financial News

A consortium of 47 countries, including the US, the UK, and Australia, have adopted a new framework for the automatic exchange of information between tax authorities.

Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international standard on automatic exchange of information between tax authorities, into their domestic law systems. The statement was published on Nov. 10. 

Fiat payment rails and neobanking services are becoming a vital cog in driving mainstream adoption and acceptance of the wider cryptocurrency space, according to key industry figures at the intersection of traditional finance and Web3.

Killer whales are at it again, this time attacking and sinking a Polish yacht off the coast of Morocco.

This registration will allow eToro to offer regulated crypto services to all EU countries on a cross-border basis from one single entity, once the EU’s Markets in Crypto-Assets Regulation (MiCA) comes into effect.

Crypto Exchange Bullish, in its strategic pursuit for international expansion, has taken a significant step in applying for a license in Hong Kong, a move that could potentially shape the future of cryptocurrency trading. Digital asset exchange Bullish has a registered office in Gibraltar and has a global presence. Bullish intends to navigate the cryptocurrency market's complex regulatory landscape. 

IOA) president PT Usha will take a step further as an administrator as she will be contesting the upcoming Commonwealth Games Federation elections for the post of vice-president.

Nile Delta to floodgates that protect Venice, projects to keep the sea from swallowing the land are multiplying. Some scientists are beginning to consider ideas once dismissed as crackpot, such as damming the Strait of Gibraltar to keep sea levels in check. Much of the Mediterranean region has been in the grip of a fearsome heat wave in recent weeks, raising mortality rates and putting pressure on overstretched healthcare systems, with the elderly especially at risk.

₹1,189 crore($145 million) London mansion linked to Russian property investor Andrey Goncharenko in one of the UK capital’s biggest residential deals in recent years, Bloomberg reported on 22 July. Ruia's family office purchased the Hanover Lodge mansion overlooking Regent’s Park at 150 Park Road in July through a sale of the home’s Gibraltar-incorporated holding company, the report added.

Ravi Ruia bought a £113 million ($145 million) London mansion linked to Russian property investor Andrey Goncharenko in one of the UK capital’s biggest residential deals in recent years. The family office of Ruia, who co-owns investment firm Essar Group, purchased the Hanover Lodge mansion overlooking Regent’s Park at 150 Park Road this month through a sale of the home’s Gibraltar-incorporated holding company, according to a person familiar with the matter. The mansion was owned as recently as two years ago by Goncharenko, the former deputy chief executive officer of Gazprom Invest Yug, a subsidiary of the Russian state-run energy firm. He bought the property’s outstanding lease in 2012 from Conservative Party peer Rajkumar Bagri for £120 million, the person said. The property “is under construction and became available at a price which makes it an attractive investment for the family office,” William Rego, a spokesperson for the Ruia family office, said in an emailed statement. The deal was first reported by the Financial Times.

From thumbs-ups from friendly strangers to midnight police searches, a Bitcoin-themed van continues a whirlwind tour around Europe.

Despite the US Securities and Exchange Commission (SEC)’s crackdown against the biggest companies in crypto, one Bitcoin diehard isn't breaking a sweat.

Liechtenstein Prime Minister Daniel Risch announced plans to accept Bitcoin (BTC) as payment for government services. As reported in local news, the micro-European nation continues to embrace blockchain technologies.

A court in the British Overseas Territory of Gibraltar has ordered several crypto exchanges to assist in the investigation of the collapsed crypto trading firm Globix.

Bitcoin custodian and licensed private bank Xapo Bank has partnered with financial technology company Circle to integrate USD Coin (USDC) payment rails as an alternative to SWIFT. Payment rails refer to the infrastructure and technology used to facilitate the movement of funds between parties in a financial transaction. Payment rails come in many forms, including traditional bank wires, credit card networks, and blockchain-based platforms.

Major crypto exchange Binance has halted deposit and withdrawal services through bank transfers and card payments for customers in the UK after its partner, London-based online payments firm Paysafe, cut off support for transactions carried out in the British pound (GBP).

Xapo Bank, an international private bank headquartered in Gibraltar, integrates the Lightning Network to improve its Bitcoin (BTC) capabilities.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

UK crypto app Tap Global has become the first 2023 listing on the Aquis Stock Exchange (AQSE), according to a press release from the company. The listing was accomplished through a reverse takeover by Quetzal Capital, according to a press release on Jan. 10.

Valereum did not reveal the price of the deal. (Representational)

Blockchain company Valereum said on Monday it has received regulatory approval to buy the Gibraltar Stock Exchange (GSX) and turn it into a gateway to European capital for fledgling companies from the Middle East, India and Africa.