Gibraltar Crypto Exchange GBX Began Operations

July 25, 2018

Gibraltar Blockchain Exchange (GBX) was launched in Gibraltar, the UK Overseas Territory, as the exchange official website stated.

The plans to create this exchange were first voiced in November last year at the BlockShow Asia conference. In June the GBX director general Nick Cowan claimed the platform will provide fair, transparent and safe trade.

Currently the exchange allows for three crypto-fiat pairs: BTC-USD, ETH-USD, RKT-USD. More pairs are supposed to be added later as well as the option to acquire ICO tokens.

“The launch comes at a time when the cryptocurrency and token markets are reaching a new stage of maturity”, Nick Cowan said.

Gibaltar has been carrying out intense activities in the crypto and blockchain domains. Thus, in December local financial commission GFSC was claimed to elaborate the world’s first set of regulations for blockchain projects.

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