Crypto Exchange for Institutional Traders Launches in Gibraltar

A new crypto trading platform providing services to institutional investors has made a soft launch in Europe. The Gibraltar Blockchain Exchange (GBX) has introduced 300 retail account holders and a select number of institutional participants to its platform. GBX, a subsidiary of the Gibraltar Stock Exchange (GSX), aims to become one of the first licensed and regulated digital asset exchanges operated by an EU regulated stock exchange.

GBX, which is a subsidiary of the Gibraltar Stock Exchange (GSX), plans to become one of the first licensed and regulated digital asset exchanges operated by an EU regulated stock exchange. This is possible thanks to a decision by the Gibraltar Parliament from December last year. The legislature voted unanimously to pass a bill to amend the Financial Services Act in order to regulate the crypto sector.

Bitcoin [BTC] vs Ripple’s XRP: David Schwartz pitches in on the battle!

PR: Particl Releases Their Privacy Focused Decentralized Marketplace

Zug, Switzerland – Particl, an open-source project building privacy focused decentralized applications, has released the Alpha MVP version of their Particl Marketplace – a disruptive way to buy and sell goods online. Released May 31st, 2018, the marketplace is a new featured application within the project’s flagship application, Particl Desktop.

Stripe Founders Discuss Decision to Drop BTC Payment Services

In a recent interview with Bloomberg, Stripe co-founders John and Patrick Collison shared their view of bitcoin and the cryptocurrency markets, and discussed Stripe’s decision to no longer facilitate BTC payments made earlier this year.
When asked whether the company’s decision to no longer conduct bitcoin payments through its platform would leave it “on the wrong side of history”, Patrick Collison responded, “We’re absolutely open to revisiting this.”

50% of Santander International Transfers are Carried by Ripple

Santander OnePay FX mobile application is becoming more and more popular among the users. The main advantage of the app includes the user friendly interface which allows using the platform easily with no extra effort. Ripple (XRP) team measurably contributed in showcasing the opportunities and simple usage of the app in a live demonstration video.

As showed in the demo, the app allows users to pick between US Dollars and Euros as the form of currency which the transaction will be performed in. The users can then input the recipient’s details and use the Apple Pay in order to make a selection on which credit card to use to complete the transaction. Once the user makes the selection and presses ‘pay’ button, the transaction from the UK to the United States is completed in few short seconds.

The complete video is available on YouTube while the app is possible to download from Apple App Store for free.

The demonstration is made using Ripple’s product of xCurrent and Santander’s OnePay FX app which proves to manage safer, faster and cheaper international transfers. The importance of the solution is especially valued nowadays due to the necessity to make even more international transfers in shorter periods of time.
Considering the needs and demand of its customers Santander has rolled out OnePayFX to Euro Zone countries and the United States. Santander Group’s Executive Chairman, Ana Botín recently stated that 50% of the bank’s annual international transfers are currently being carried by the Ripple-powered blockchain.

World’s most valuable banknote is worth 1 Bitcoin [BTC]

The banknote in question is issued by the nation of Brunei, known as the Adobe of Peace. It is located on the north coast of the island of Borneo, and its money comes from huge oil and natural gas reserves. The banknote is the Brunei $10000, which is currently worth around USD7500.

The banknote breaks from the trend of the usual small currencies released in countries where the currencies hold a lot of buying power. This is seen in its neighbouring country Singapore, where the $10000 is no longer issued due to its use in illegal activities.

Stellar Lumens, 2 Billion Tokens for Bitcoin Holders

A few days ago on the official Twitter profile of Stellar Lumens was informed that, during the campaign period from August to October 2017, were distributed to the bitcoin holders over 2 billion XML token, out of a total of 18 billion tokens in circulation, held by about 400,000 addresses.

At the end of March last year, in fact, Stellar Lumens announced the distribution of 16 billion lumens (XLM) to those who had BTC on their address.

This initiative was part of Stellar.org’s commitment to reserving 19% of the initial lumens for this specific purpose.

The choice was due to the fact that they considered Bitcoin a source of deep inspiration during the design phase of Stellar Lumens, stating that “The Bitcoin network was the first to show that it is possible for a group of non-trustworthy subjects to agree a database common, and the bitcoiner community still influences our understanding of the impact of this technology. ”
To date, an XLM token is worth about $ 0.3, so the XML distributed to Bitcoin owners today has a value of about $ 600 million.
These 2 billion XLMs were distributed for free, that is as airdrop, without asking for anything in return

NASDAQ supports Stellar (XLM) in a move to enter the crypto world

In this specific case, a great milestone has just happened as one of the most influential companies in the financial sector has decided to place a bet on cryptocurrencies, and of course, it could not be other than the National Association of Securities Dealers Automated Quotation (NASDAQ), the second largest electronic and automated stock exchange in the United States.

NASDAQ has decided to support one of the most mentioned coins in the industry at the moment, the Stellar Lumens (XLM). We can be sure that great things are coming for both companies with such an incredible alliance, but one thing we may ask is, why NASDAQ has chosen Stellar? Well, let’s find out the main reasons why Stellar (XLM) represents a better option for the famous stock exchange than the other cryptos in the market.
As with the whole market, Stellar (XLM) is currently suffering certain drops; however, the coin has managed to stay afloat in days where the tendency is entirely bearish. The potential support of NASDAQ may represent a huge benefit for the token, so for sure, Stellar Lumens should be watched in the days to come.