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31st October 2017, 20:34

Gibraltar International Bank welcomes Blockchain firms

The Gibraltar International Bank will now be accepting accounts from companies who use the encrypted technology known as Blockchain, closely associated with crypto-currencies.

The bank will provide standard banking services but every account will be assessed beforehand on its own merit, and will need to comply with all regulatory standards.

I spoke to Non-Executive Director Marcus Killick earlier today and asked him why the bank was making this move now.