Minister of Digital and Financial Services of Gibraltar: Has invested in Bitcoin and will buy it for children

[Minister of Digital and Financial Services of Gibraltar: Has invested in Bitcoin and will buy it for children] According to news on July 30, Albert Isola, Minister of Digital and Financial Services of the Gibraltar Government, said in a recent interview that the adoption and acceptance of cryptocurrencies worldwide is increasing. Many, and Gibraltar has become a "hotbed" for cryptocurrency adoption. Isola was instrumental in developing Gibraltar's regulatory framework and has also invested in Bitcoin. I'm not at the stage where I'll be using it regularly, more on getting some for my kids in the next few years, he said.

Gibraltar is reportedly an “attractive” jurisdiction for crypto firms due to its attractive regulatory environment. (Crypto Globe)

Other news:

News | Gibraltar Stock Exchange is deploying a digital stock exchange: According to tokenpost, the Gibraltar Stock Exchange (GSX) is deploying a digital stock exchange on the Securities Trading Asset Classification Settlement (STACS) global testnet. The official release states that GSX has the ability to issue bonds on STACS, track sales reports, enforce sales and eligibility restrictions and allocate repayments using smart contracts. [2019/3/5]

News | Gibraltar United Pays Players in Cryptocurrency: Gibraltar Football United has partnered with blockchain-based payments firm Quantocoin to become the first team in Europe to use cryptocurrency to pay players, Forbes reports. Heritage Sports Holdings, the traditional sports holding company to which Gibraltar United belongs, then used cryptocurrencies to acquire the Italian club Rimini 1912 (Rimini FC 1912). [2019/3/3]

News | The Gibraltar football team will become the first team in the world to use virtual currency to pay players: according to eurasiareview, Gibraltar United players have reached an agreement with the club that part of their wages for the next season will be paid in virtual currency. This will be the first team in the world to pay players through virtual currency. The owner of the club, Pablo Dana, is an investor in the virtual currency Quantocoin. He said that the use of virtual currency payments by clubs can motivate more people to participate and help reduce financial corruption. He also said the method would also make it easier for the club to pay foreign players who cannot establish bank accounts in Gibraltar. [2018/7/30]