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Gibraltar and Hong Kong plan to work together on the fintech sectors development

The end of March was commemorated by the signing of the world’s **first financial Technology Cooperation Agreement**. During recent years financial technology sector has been rapidly gaining popularity all over the world, therefore, aiming to be Fintech pioneers, **Gibraltar** and **Hong Kong** were the first ones to enter into an official agreement regarding the development of this sector, th...

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British Virgin Islands announces a dollar-backed digital coin

An on-going initiative of the British Virgin Islands government to boost the local financial technology sector includes the development of the sovereign digital currency. The British Virgin Islands have been using the United States Dollar as the national currency since 1959. Today, the government is cooperating with a blockchain startup LifeLabs to implement a central digital currency that w...

Path: Blog