According to the Law on Payment Services, large payment institutions are regulated to provide payment services without reaching the established limits and such Major payment institutions could apply for the license in Singapore. Section 6, paragraph 5 of the Law…
On April 5, 2022, a number of modifications to the PCMLTFA regulations were published. This article provides an overview of recent amendments to the AML/TF regulations, which have implications for crowdfunding sites, and may bring a substantial impact on money…
Organizations working with cryptoactives ought to have appropriate permission. Getting cryptolicense in Lithuania requires accordance with many demands arising from normative base provisions. In Lithuania, loyal atmosphere for cryptobusiness was built; among others, it is fully controlled and clearly marked….
Is it possible for a non-citizen and a non-resident to open a bank account in the USA? Yes. In this article, we will analyze how to do this to a person without an American passport remotely, as well as take…
Buying an E-Money Institution that is duly authorized but has not operated is a popular inquiry among the individuals that are willing to operate in a financial market. However, there are a lot of pitfalls in getting relevant information when…
Over past few years, Cayman Islands maintained status as one of most popular offshore spaces in terms of a reliable basis for running financial structures. This is reason why Forex broker license in Cayman Islands is an opportunity to declare…
Labuan cryptocurrency exchange is a digital space via which issuer of digital assets can transfer their funds (incl. cryptoactives) to other persons, in particular, invest in a project, and trade in cryptocoins, transfer fiat for crypto and like that. Crypto…
Holding an Australian Financial Services (AFS) license authorizes you and your representatives to conduct a financial services business. If you provide or have an intention to carry on financial services offerings, you will need to be licensed by ASIC. Below…
If you intend starting commercial journey by becoming the head of a forex brokerage structure, then one of first aspects that you need paying attention to is obtaining a forex license. Presence of such a document will have a beneficial…
Application for EMI license in Ireland In Ireland, the Central Bank of Ireland is in charge of financial sector regulation and oversight, accordingly, it considers applications for an EMI license in Ireland. The appropriate legislation is the European Communities (Electronic…
The Central Bank of Bahrain (‘CBB’) has announced comprehensive legislation to oversee and license ‘Regulated crypto-asset services’ in Bahrain (crypto license in Bahrain), in keeping with its ambition of becoming the region’s premier FinTech centre. Volume 6 of the CBB…
Dear friends, colleagues and partners! Join the support of our defenders. Below is a list of options where you can transfer funds to help Ukraine maintain its independence. THE “RETURN ALIVE” FOUNDATION https://savelife.in.ua/donate/ Multicurrency account to support the Armed Forces…
We present the tenth All-Ukrainian Blockchain-Hackathon, which is scheduled for March 19-20, 2022, and will be held in Kiev. Over 40 thousand dollars will be drawn during these 2 days. What to Expect From the Event This Year? In 2022,…
This jurisdiction has a very sound banking system. Besides, financial licensing in Canada has a lot of favorable conditions for local and foreign entrepreneurs. The country successfully survived the big crisis, and now the state is proud of the economy,…
Lithuania is one of the few countries that are members of the European Union, where legal financial transactions with cryptocurrency are possible. In this country, the Financial Crime Investigation Service (FCIS) is engaged in the control of the cryptocurrency business….