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On June 24, 2022, jurisdiction governmental authorities released Anti-Money-Laundering and Terrorist-Financing (AML/FT) Order; it established licensing and regulatory norms demanding to possess VASP license in Hong Kong. Let us consider it in more detail and find out how it affects firms operating in this industry. The draft law amended the AML and CFT Order, main…

Balkan-state with a colorful and inspiring look, many rivers and mountains. Everyone would like to go there at least once. Investors who have some funds at their disposal have a certain advantage, since they can not only visit there, but obtain North Macedonia citizenship by investments – very tempting. At now-moment, republican governmental structures are…

Country, we will examine today offers favorable terms for fintech corporations wishing to acquire a virtual money permission or a monetary system license and work and manage in EU zone. Extension of fintech in Lithuania Lithuania is recognized as one of the fastest growing Financial Technologies communities in the EU region and worldwide. The country…

Regardless of an uncertain access to digital currency regulation, the Polish Financial Supervisory Authority (KNF)  has emphasized that it supports innovative financial services, including the implementation of fintech-based systems. This could make them a promising fintech region and certainly one to watch for the evolution of the country. The Small Payment Institution in Poland was…

Persons can possess citizen-rights for forcing economy – it was developed and implemented by governmental apparatus. Persons intending to get alternative citizenship-rights by buying real-estate or making endowments to evolution of these lands obtain Antigua and Barbuda citizenship by investments. Get Antigua and Barbuda citizenship Persons’ve legal-age following determined norms, bearing in mind the types…

Jurisdiction suggests persons made great contributions to country’s economical field to get citizenship-rights and enjoy all privileges residents possess. Obtain citizenship in Grenada may be performed as a token of gratitude for endowments to local growth. Privileges offshore citizenship in Grenada possesses for persons who decide to contribute to country’s economical sphere. Grenada citizenship by…

A perfect way for citizenship-getting is an “offshore paradise”, which impresses with nature and friendly people. Special opportunities give people a possibility to possess rights as citizens do. Legislation allows local authorities to run a program when citizenship’s given to candidates meeting standards created by relevant ministry. Let us analyze investment citizenship in St. Kitts…

A possibility to become citizenships by investments was developed in jurisdiction. Foreign citizens making contributions in jurisdiction’s economical progress, subject to all verification points, may be granted Saint Lucia citizenship for investments. How to get Saint Lucia citizenship Offshore citizenship in Saint Lucia Persons intending to use such opportunity should make major contributions to local…

In May 2022, Nigeria officially adopted a law on the regulation of cryptographic means. Today, registration of a structure such as crypto exchange in Nigeria is a new phenomenon for business owners, however, this allows local regulators to fully license this activity, and allows companies to operate in accordance with certain laws and regulations. Below,…

Although it is not among the world’s major financial hubs, Mauritius is still home to many FX brokers. This is simply one of the many nations where the majority of brokers have formed local operations. The residence status of the trader and the particular policies of each offshore broker Mauritius typically determine which branch the…

Planning to operate as a Forex-broker, it’s necessary to license firms to run business-activities officially permitted and confirmed by local regulatory authorities. Forex-license is needed for brokerage, mutual and hedge funding structures. Seychelles is quite an economically efficient space for Forex-business, thanks to which even novice brokers are increasingly opening firms here. Our company has…

Legal frames under which crypto regulation in Seychelles is performed, establishes fairly loyal conditions for ICO projects. Here, digital assets are not a currency and are not considered a payment instrument that is offered by financial firms. But at the same time, cryptocoins are more widely used locally. Thus, cryptocurrency is legal in Seychelles and…