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Private Island In The Bahamas Seeks Bitcoin Lightning Wallet Provider Partnership

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Chub Cay, an island in the Bahamas, is actively looking for a Lightning Network wallet provider to launch a bitcoin standard to pioneer financial inclusion.

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  • Chub Cay is an island located in the Bahamas and is currently looking for a Bitcoin Lightning Network wallet provider to partner with.
  • Chub Cay Resort and Marina conducted an internal survey showing over 50% of its employees want at least some of their paychecks in bitcoin.
  • The lack of banks and financial education in the area make using traditional banking systems inefficient and at certain times, impossible.
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The Free City Of Próspera: Can This Island City’s Bitcoin Standard Pave The Way?

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Próspera is a charter city within Honduras that has detailed a framework for making bitcoin legal tender, but what is it really trying to achieve?

When Samson Mow, architect of the “Bitcoin Bond,” announced that the charter city had adopted a bitcoin standard, many watched in confusion as this small city was largely unknown. Now, Próspera is trying to show the world what it means to exist semi-autonomously from nation-state control while still being part of a nation-state.  Read more...

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Circle Expands to Bermuda, Praises Pro-Crypto Island Government

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Circle announced today that it will be expanding its regulated services to Bermuda, using its new position in the island nation to service its global audience. Circle cited Bermuda’s pro-crypto regulatory environment as a primary motivation for expanding to the island nation. According to the announcement: “While many governments around the world have not kept […]

The post Circle Expands to Bermuda, Praises Pro-Crypto Island Government appeared first on CCN Markets

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WAY2BIT Announcing the Soft Launch of the ‘BORA Island’ Digital Content and Wallet Platform

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On June 2nd, BORA (CEO Cindy Lee) announced the soft launch of their BORA Island service. BORA Island is a digital content blockchain platform available to everyone, along with wallet functions for managing and trading digital assets. With the soft launch of BORA Island, three games from their official partner UNIT5 – Push Sushi, Find […]

The post WAY2BIT Announcing the Soft Launch of the ‘BORA Island’ Digital Content and Wallet Platform appeared first on CCN Markets

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Malta: Does Europe’s ‘Blockchain Island’ Really Live up to the Hype?

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Malta. The Blockchain Island. A postage-stamp-sized nation nestled in the Mediterranean famous for its rocky coastline, Baroque cathedrals, Megalithic temples, and centuries of culture. It’s a veritable mishmash of graying British expats, luxurious hotels, exotic women, cars that drive on the left, and a host of other legacies left by the various civilizations that invaded … Continued

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Malta Cements Its Reputation As ‘Blockchain Island’ Another Major Blockchain Event

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After the successful DELTA Summit in October, the Government of Malta has endorsed another major blockchain event in an effort to solidify its growing reputation as a technology hub.

The Malta Blockchain Summit is scheduled for the 1st and 2nd of November. Hosted at three hotels spread across St. Julian’s, the event is expected to attract over 5000 delegates, world-class speakers, 300 exhibitors and thousands of blockchain developers and investors from across the world.  Read more...

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Malta’s Push to Become a Global ‘Blockchain Island’ Seems to Be Working

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Prime Minister Joseph Muscat classified Malta’s efforts to become a crypto and blockchain-friendly jurisdiction as a “calculated risk.” So far, work by authorities to turn Malta into a world leader for both industries looks to be paying off.

A variety of nations across the world have spent time investigating how they can control and manage the spread of blockchain and cryptocurrency.

Malta has been moving in an encouraging direction for a while now.

A number of prominent exchanges, namely OKEx and Binance, have moved to the tiny Mediterranean nation. The Maltese Parliament was hard at work over the summer approving legislation concerning crypto and blockchain.  Read more...

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Another Top-5 Cryptocurrency Exchange Plots Move to Malta’s ‘Blockchain Island’

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Another day passes by and although August is a traditionally slow month in the business and finance circles, Malta does not seem to be resting on its laurels at all. After several announcements regarding cryptocurrency exchanges and crypto banks, we now have the announcement coming that ZB.com, the world’s fith-largest cryptocurrency exchange by daily trading

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ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs

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ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAs

In recent news pertaining to initial coin offerings (ICO) regulations, an EU report has advocated the regulation of ICOs according to crowdfunding legislation, the governor of Korea’s Jeju Island wants his jurisdiction to become a special economic zone regarding cryptocurrencies and blockchain, and the U.S. SEC has warned consumers regarding the risks of self-directed Individual Retirement Accounts that offer exposure to ICOs and cryptocurrencies.

Also Read: Markets Update: Bloody Crypto-Markets Suffer More Losses

EU Report Advocates Incorporating ICOs into Fundraising Laws

ICO Regulations Round-Up: Fundraising Law, Jeju Island, Self-Directed IRAsThe European Parliament’s Committee on Economic and Monetary Affairs has published a draft report proposing that initial coin offerings become regulated under crowdfunding legislation.  Read more...

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Malta Passes Favorable Cryptocurrency Laws in Next Step as a Blockchain Island

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Malta Passes Favorable Cryptocurrency Laws in Next Step as a Blockchain Island

The Maltese Parliament has voted into law three cryptocurrency and blockchain bills, making Malta one of the most desirable locations for setting up blockchain enterprises.

According to legislative records, the bills, which were introduced to the parliament by Parliamentary Secretary for Financial Services, Digital Economy and Innovation Silvio Schembri, were passed unanimously on Tuesday, June 26, 2018.

The bills-turned-law detail the regulation of ICOs and cryptocurrencies and the process for setting up crypto-based businesses in Malta. The news, which Schembri shared via a tweet, makes Malta the first country to enact such laws.  Read more...

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Malta Prime Minister Welcomes Binance to Its “Blockchain Island”

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Malta Prime Minister Welcomes Binance to Its “Blockchain Island”

The world’s largest cryptocurrency has found a new home on one of the world’s smallest island states. Prime Minister Joseph Muscat warmly welcomed the cryptocurrency platform and spoke of his desire for Malta to become “global trailblazers in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies”. Colleagues joined him in welcoming Binance and spoke of a desire for Malta to become known as “the blockchain island”.

Also read: Zhao Dong Recounts How He Lost 9,000 BTC  Read more...

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