Gibraltar will become the crypto-stock exchange center of the world

Crypto, Gibraltar will become the crypto-stock exchange center of the world

Valereum, a blockchain company, has reached an agreement with the Gibraltar Stock Exchange. This development may result in Gibraltar becoming the center of cryptocurrency transactions.

Gibraltar used to be known as a tax haven, but now an equally interesting economic outlook opens up for it, as the center of cryptocurrency trading, something like Blockchain’s central money market. In practice, this means that the Gibraltar Stock Exchange will allow the trading of Bitcoin, Dogecoin and other cryptocurrencies, along with bonds and shares.

The details of her deal Valereum and Gibraltar’s central money market have not been made public, but analysts expect it to become the center of a rising market, such as cryptocurrencies. On the other hand, many note that there is a negative scenario that could lead Gibraltar to diplomatic difficulties and sanctions, due to the relaxation of the parameters of trading in the Money Market, due to the introduction of cryptocurrencies in it.

Nikos Kaimakamis is a journalist and writer. He collaborates with various online media, mainly in technological reporting, while he also works as a data manager in the ESTIA refugee housing program. You can read his authorial creations at www.nikosk.gr.

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Source: Techblog by techblog.gr.

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