Bitcoin in Gibraltar: pro-crypto regulation in uniform Binance and other exchanges

He recruits – Crypto businesses are scrambling to Gibraltareither to open premises there, or quite simply to recruit talent there to develop the web3.

The crypto population of Gibraltar

It feels cramped, or maybe not. With its 6.8 square kilometers, Gibraltar has 35,000 inhabitants, and many famous crypto companies.

Bitso and HuobI established their rear base in this British overseas territory governed by the United Kingdom, which thus allows them to have a foothold in Europe. The Damex and Tap crypto payment app. Global opened offices there.

Physical presence is not required to take advantage of Gibraltar’s pro-crypto regulatory environment. Binancewhich still does not have an official international headquarters and which favor remote workdon’t ask for better.

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Rock workers for Binance

The “Rock” seduces. Binance CEO, Changpeng Zhao, had spoken with the Chief Minister of Gibraltar, Fabian Picardo, in December last year. He returned to the territory in 2022.

The talents that can benefit the web3 residing in this British Overseas Territory, are apparently beneficiaries of these comings and goings. Job postings for Gibraltar appeared on the cryptocurrency exchange’s website, after Changpeng Zhao’s comings and goings.

Binance is currently recruiting, four residents of Gibraltar, while the company was looking for two a week ago. Although this interest from the crypto exchange in the Rock has generated concrete job offers, Binance has not specified whether it will open premises there.

Binance is “content” with recruiting skills in Gibraltar for the moment. Acting like an unloved in some countries, if the regulatory skies of the Rock are indeed more lenient and the population more welcoming. So the stock market could, perhaps – in the conditional – increase its commitments there.

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