Subscribe
April 17, 2026
Sign In

Capitalizations Index – B ∞/21M

Menu
Breaking
Bitcoin and Anonymity: Pseudonymous, Not Fully Private Understanding Bitcoin’s Issuance Rate and Four-Year Halving Bitcoin’s Immutable Blockchain: Securing Unchangeable Records Bitcoin and the Rise of Cypherpunk Philosophy The Impossibility of a Global Bitcoin BanExplained

Gibraltar's Government Is Moving to Regulate ICOs

Gibraltar's government is moving to regulate icos

Gibraltar's Government Is Moving to Regulate ICOs

Gibraltar's government is moving to regulate icos

Officials in Gibraltar are reportedly weighing rules for initial coin offerings (ICOs), a move that follows a bid to develop a licensure framework for companies working with the tech.

The discussions will include input from members of the British overseas territory’s legislature as well as the Gibraltar Financial Services Commission (GFSC). Like many other countries entertaining ICO regulation, the government there has framed the move as one aimed at protecting investors and consumers.

“One of the key aspects of the token regulations is that we will be introducing the concept of regulating authorized sponsors who will be responsible for assuring compliance with disclosure and financial crime rules,” said Sian Jones, a senior advisor to the GFSC, according to Reuters.

The GFSC previously hinted that it would pursue regulations around ICOs when it published an advisory on the blockchain funding model. At the time, the regulator said that it was “considering a complementary regulatory framework covering the promotion and sale of tokens, aligned with the DLT framework.”

Late last year, the territory put in place a regulatory framework for blockchain businesses that shored up legal status of the technology as a means of transmitting payments. The proposal was first introduced in October, with passage by lawmakers in December.

Government officials said the move would facilitate an environment of certainty attractive to businesses. Gibraltar is also reportedly considering regulation relating to investment funds associated with cryptocurrencies and tokens.

Gibraltar image via Shutterstock 

The leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at news@coindesk.com.

Published at Mon, 12 Feb 2018 02:30:28 +0000

Regulation[wpr5_ebay kw=”bitcoin” num=”1″ ebcat=”” cid=”5338043562″ lang=”en-US” country=”0″ sort=”bestmatch”]

Previous Article

💰 Ron Paul – Bitcoin Could Destroy Us Dollar – Dollar To Bitcoin

 Next Article

Etheralabs_io: Crypto Jobs? Where We’re Going We Won’t Need Jobs – Yes, blockchain entrepreneurs should try to make work more rewarding for employees. But that’s just a baby step on the road we’re on. https://t.co/RHJURk8Zf1

You might be interested in …

Crypviser Will Encrypt Messages on the Blockchain for Private Communications

Crypviser is building a blockchain-based all-in-one network for secure social and business communications. ICO is currently ongoing.

Improving on Privacy with Blockchain Technology

In today’s Orwellian society, privacy has become a rare and valuable asset that some go to great lengths to protect while others simply throw it away in exchange for convenience. As technology evolves, however, so does access to privacy-oriented tools and their underlying technology.

Blockchain tech has gone a long way in the realm of financial privacy, now Crypviser wants to build upon it and extend its use onto end-to-end message encryption by providing a blockchain-based all-in-one network for secure social and business communications. The project is currently undergoing a crowdfunding campaign that will help fund the development of this network.

 

A unified and secure instant communication network, Crypviser provides real end-to-end encryption and unique blockchain based authentication, the latter of which allows users to truly identify and confirm each other’s identity through the user of private and public keys.

The end result is a secure and private messenger which will also feature its CVCPay system, allowing users to send funds to each other anonymously.

Crypviser ICO & CVCoin

In order to fund the development and marketing of Crypviser’s network, a crowdfunding campaign is currently taking place. Taking the form of an Initial Coin Offering (ICO), the Crypviser’s funding stage ill last until June 30, 2017, during which time investors can buy the CVCoin, the underlying token in the Crypviser’s platform.

The CVCoin is required in order to interact with the Crypviser platform and to cover its transaction fees. Transactions are required to authorize and identify the users’ access to public encryption keys, ensuring that messages cannot be forged nor can they be decrypted.

So far, the Crypviser ICO has managed to gather over $900,000. These funds will be used to cover mobile, backend, and infrastructure costs as well as licensing fees, legal services, operational costs, and of course, marketing.

The Initial Coin Offering is currently ongoing and will last until the 30th of June. Users can invest in the Crypviser ICO using bitcoin, Ethereum, and even USD. Most recently, support for the TIME token was also added. 15 million CVCcoins will be distributed, along with special benefits such as free subscriptions, access to special features, free access to the CVPay system, and more. 

Can Blockchain technology help the internet regain its privacy? Can Crypviser become the merged solution we need for financial privacy and message encryption?

Images courtesy of Shutterstock, Crypviser

The post Crypviser Will Encrypt Messages on the Blockchain for Private Communications appeared first on Bitcoinist.com.

Bitcoin: a $200 drop on the cards

Bitcoin: A $200 drop on the cards

bitcoin: A $200 drop on the cards EN English (UK) EN English (IN) DE Deutsch FR Français ES Español IT Italiano PL Polski SV Svenska TR Türkçe RU Русский PT Português ID Bahasa Indonesia MS […]

Close Menu