View this post on Instagram Repost @blocktoken.ai Several countries are racing to become the world capital of cryptocurrency technologies. Bermuda, Gibraltar, and Malta are now competing with France to lure cryptocurrency companies to establish headquarters in their respective capitals. In Malta, the government passed three laws on July 4 so companies can easily issue new cryptocurrencies and trade existing ones. In Bermuda this year, the legislature passed a law that lets start-ups doing initial coin offerings apply to the minister of finance for speedy approval. Liechtenstein seems to be already a few steps ahead in this race. The principality’s banks can facilitate crypto transactions on behalf of their clients and provide advice on Initial Coin Offerings (ICOs). In January 2018, Gibraltar passed legislation to facilitate fintech innovation. Specifically, the Distributed Ledger Technology Regulatory Framework aims to protect customers of cryptocurrency business in British overseas territory. Not only small countries, overseas territories, and European principalities want to incubate and lead the crypto industry. France and Switzerland also wish to be hubs of this industry. What do you think about this? Comment and let us now! Follow us @blocktoken.ai #blockchain #innovation #ethereum #bitcoin #tokensale #ico #cryptocurrency #virtualcurrency #coinmarketcap #token #binance #cryptoexchange #cryptowallet #cryptotrading A post shared by CollectionOfFirst (@collectionoffirst) on Aug 2, 2018 at 9:26pm PDT
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