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RE: GBX ICO - Gibraltar Blockchain Exchange and Token Sale Platform

in #ethereum • 7 years ago

Gibraltar is a well known tax haven, so it'll be interesting to see how it goes for these guys and why they chose that location.

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7 years ago in #ethereum by
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     7 years ago  

    1. GBX is a subsidary of GSX (Gibraltar Stock Exchange) based in Gibraltar offcourse.

    2. In order to have a fully regulated blockchain exchange they need to function according to the frameworks set by the government which come into effect from 1st of JAN 2018.

    3. Regarding Tax Haven, well I was curious but looks like since Gibraltar being such a small jurisdiction, companies can influence the legislation and get favourable laws passed.

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