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Why this tiny country is adopting the Bitcoin Lightning Network

Cointelegraph reporter Joe Hall visited the country of Gibraltar to explore Bitcoin (BTC) adoption on “The Rock,” as the peninsula is known locally, and how the adoption of Bitcoin for shopping in the territory is impacting business. The visit was also an opportunity to visit Xapo Bank, the world’s first private financial institution to combine traditional banking with Bitcoin. Coinbase acquired its custody business in 2019, making the American exchange the largest crypto custodian in the world. The British Overseas Territory of Gibraltar is known for its pioneering crypto regulations, support for blockchain development and Bitcoin adoption, with many retail businesses using the Lightning Network — a layer-two network that enables off-chain transactions — to accept Bitcoin as payment...

Huobi wins license in the British Virgin Islands, no timeline for the UK yet

Major cryptocurrency exchange Huobi continues to expand its global footprint by entering the British Virgin Islands, a British Overseas Territory. Huobi officially announced on Friday that it secured an investment business license from the Financial Services Commission (FSC) of the British Virgin Islands. The approval allows Huobi to operate a virtual asset exchange under the subsidiary Brtuomi Worldwide Limited (BWL). According to the announcement, BWL plans to offer a range of crypto trading services, including spot trading of cryptocurrencies like Bitcoin (BTC) and Ether (ETH) as well as derivatives trading. The company positions itself as the first digital asset trading platform operator in the British Virgin Islands licensed to run an institutional-grade crypto trading platform for bo...

Gibraltar vs Faroe Islands live stream: How to watch International friendlies for free

Gibraltar will be looking to get back to winning ways when they take on the Faroe Islands in an international friendly this weekend. Gibraltar vs Faroe Islands live stream Click here to join Virgin Bet Sign up and deposit any amount into your Virgin Bet account Start watching Gibraltar vs Faroe Islands live stream at 17:00 GMT Disclaimer: Geo-restrictions apply. All you need is a funded account or to have placed a bet in the last 24 hours to qualify. T&Cs apply, 18+. Bet £10 Get £20 In Free Bets Claim Offer New members. £10 min deposit & bet on sportsbook, placed & settled at 1.5 min odds within 14 days of sign-up. Win part of E/W bets. 2 non-withdrawable £10 Free Bet Tokens: accept in 7 days, valid for 7 days from acceptance (ex. E/Ws & Multiples), stakes not returned. Cli...

Valereum acquires Gibraltar-based Juno to expand on crypto-fiat bridge

Gibraltar-based tech group Valereum Blockchain announced the acquisition of Juno Group, a company that aids in the establishment and administration of trusts, money management and enterprise creation in Gibraltar. Juno is a company that Valereum describes as having three areas of licensed operation: the management of trusts and similar entities, the administration of cash for a range of activities, including both fiat and cryptocurrency transactions, and the incorporation and management of businesses in Gibraltar and other countries around the world. The agreement is a step toward creating a fully regulated link between the fiat and crypto worlds, according to the press release, which complements Valereum’s work with the Gibraltar Stock Exchange (GSX). In October 2021, Vale...

Prince Charles pays tribute to ‘my dear papa’ Philip for devoted service

Britain’s Prince Charles paid a personal tribute on Saturday to his “dear papa” Prince Philip, saying the royal family missed him emormously and that the 99-year-old would have been amazed at the touching reaction across the world to his death. Philip, the husband of Britain’s Queen Elizabeth who had been at her side throughout her record-breaking 69-year reign, died at Windsor Castle on Friday. “As you can imagine, my family and I miss my father enormously,” Charles, the couple’s eldest son and heir to the throne, said outside his Highgrove House home in west England. “My dear papa was a very special person who I think above all else would have been amazed by the reaction and the touching things that have been said about him and from that point of view we are, my family, deeply grateful f...

Arsenal receive positive Martin Odegaard update after ankle injury scare

Arsenal have been left breathing a huge sigh of relief after it was confirmed that the injury suffered by Martin Odegaard while on international duty is not serious. Gunners fans were left concerned on Wednesday night after the in-form Real Madrid loanee appeared to painfully roll his ankle before being substituted at half-time of Norway’s 3-0 World Cup qualifying win against Gibraltar. The absence of Odegaard for any extended period of time would have come as a sizable blow to Arsenal, with the 22-year-old having grown in influence since moving to north London in January and played a critical role in Sunday’s comeback draw against London rivals West Ham, afterwards attracting effusive praise from manager Mikel Arteta. But not only does it seem that Odegaard is now unlikely to miss key upc...

UEFA releases possible dates for Champions League games

UEFA’s plan to complete the Champions League and Europa League continues. The plan says that they will be played throughout the month of August once the leagues are done in July. UEFA have an idea which is to end the season by the end of August. Therefore, the domestic leagues need to be completed by the end of July. The proposal is for the remaining last 16 games to be played in the first week of the month. On 26th and 29th August, Gdansk and Istanbul will host the Europa League and Champions League finals respectively. ‘Marca’ says that they will try and stick to that instead of playing both the finals at the same venue. There are 17 Champions League and 27 Europa League matches left to play. Confirmation of the new calendar depends first on leagues getting back underway and then on the ...