Gibraltar plans a regulated crypto exchange

EU-regulated exchange to launch a new blockchain platform for initial coin offerings (ICOs) and token trading.

Gibraltar Blockchain Exchange’s chief executive Nick Cowan

The cryptocurrency world is buzzing at the plans of Pavel Durov, the Russian founder of the Telegram messaging app that attracted 60 million users in its first two years after launching in 2013 and now has around 200 million, to build a new blockchain network for encrypted messaging in multiple media across multiple devices.

The tech heads say this network could even be blockchain 3.0, surpassing Ethereum, the second-generation distributed ledger which won support by improving on the processing capacity, resiliency and speed of the original bitcoin blockchain.

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