BLOCKCHAIN YOVO to be First Stellar-Based Mobile Network

Crypto mobile phone network is another premiere from the island of the blockchain:  London startup YOVO has chosen Malta as the area for its project development
09 June 2018   970

YOVO is a TLC network based on the Stellar blockchain technology, that makes possible to earn and spend cryptocurrencies on telephone services. YOVO aims to become the first mobile telecommunications network with its digital currency. The project is introduced by the team of 30 members and a starting investment of 20 million euros. It has planned a cooperation with partners in 130 countries, a number that, as claimed by the startup in a press release, is expected to rise above 200 in the next 12 months.

With its rules and crypto-friendly structures Malta, a member of the EU, has endorsed many projects connected with cryptocurrencies and the distributed and decentralized blockchain protocol. The officials of the island are preparing to accept 3 new laws in order to open the doors to digital coins. The Malta Digital Innovation Authority Bill, the Innovation Technology Arrangements Services Bill and the Virtual Financial Assets Bill have come to the second reading in Parliament.

The Secretary for Financial Services and the Digital Economy and Innovation of the Parliament Silvio Schembri displayed the great satisfaction with the arrival of YOVO, a group led and co-founded by Richard Skaife (CEO).  

From the island we will be able to serve millions of digital customers with mobile services, since our headquarters will play an active role in the growing community of the blockchain.
Richard Skaife
Founder, CEO, YOVO

The most innovative mobile phone network in the world is proud to be able to settle in Malta, world leader in the field of blockchain. 

Binance to Launch Crypto-Fiat Exchange at Jersey

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs
16 January 2019   72

Binance has opened a branch at Jersey island, targeting Europe and the UK. Its clients will be able to trade Bitcoin and Ethereum for the euro and the British pound. 

The new exchange will feature BTC / GBP, ETH / GBP, BTC / EUR and ETH / EUR trading pairs. To start trading, users must undergo KYC verification.

According to Binance CFO Ju Wei, bidding cryptocurrencies for fiat money will provide Europeans with new opportunities in the face of uncertainty with Brexit affecting the euro and the pound.

Wei also stressed that a strong legal framework makes Jersey one of the leaders in the development of blockchain technology.