Gibraltar: 200 ICO is waiting for an exit on the block-exchange-exchange

Gibraltar Blockchain Exchange (GBX) – at the start.

Gibraltar is preparing to launch the block-exchange-exchange Gibraltar Blockchain Exchange (GBX). GBX Executive Director Nick Cohen said that the companies showed great interest in launching the sale of tokens in the new ICO regulated environment of the British overseas territory.

Cowen said: "To date, up to 200 applicants have joined GBX who want to launch their ICO."

In addition, Cowen noted that the opening is expected by ten candidates for the status of "accredited sponsors" of which three have already received work permits for GBX.

Employees with this status will explain the rules of operation within the framework of Gibraltar's legislation on the initial placement of coins and provide protection from financial abuse, reports Cointelegraph.

Recall, the British Overseas Territory Gibraltar announced the creation of legislation for the ICO in February this year. Gibraltar legislators note that this is the first such project in world.

Author: Evgenij Novožilov, Analyst Freedman Club Crypto News

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