We will consider the features of establishing crypto exchanges in Georgia in this article. Although Georgia does not occupy a leading position among the most developed countries in the field of information technology, it is one of the world’s leading…
Switzerland has one of the most progressive economics in the world. It is a very popular place to establish crypto-related companies, canton of Zug is also known as the “crypto valley” among local people. At the same time, the regulation…
Crypto exchange/digital assets exchange platform allows you to transfer electronic money and cryptocurrencies. This gives a convenient opportunity to exchange different currencies; for example, you can exchange cryptocurrencies for cryptocurrencies, cryptocurrencies for fiat and fiat for cryptocurrencies. Market participants can…
In this article, we are going to look into the Monetary Authority of Singapore’s regulation of the Digital Payment Token Service Providers activities. Key provisions: Legislative Basis: Payment Services Act (PSA) 2019, MAS Notice PSN02, Consultation Paper on a New…
Mechanism and history of crypto regulation in Estonia Virtual money is a thing that is presently in everybody’s brain. Further, we will talk about one of the main subjects of the previous year – new cryptocurrency regulation in the Estonian…
The Cayman Islands are a British dependent territory. For the whole world, the Cayman Islands are known as well-developed and well-functioning financial services center, the main segments of which are insurance, banking and trusts management. The islands occupy a relatively…
5AMLD – the Fifth Anti-Money Laundering Directive – comes into force on January 10, 2020. Based on the regulatory regime that was applied to the previous 4AMLD Directive – this document aims to strengthen the AML/CFT of the European Union,…
LITHUANIAN BANK CREATES A REGULATOR FOR BLOCKCHAIN COMPANIES The Bank of Lithuania is creating a regulatory and technological platform that allows developing and testing innovative technologies. The platform is code-named LBChain, which is also known as a regulator for blockchain…
Cryptocurrency taxation – is it necessary to pay taxes on profits that were received in Bitcoin? Cryptocurrency taxation is a pretty topical issue, as digital currencies are more and more in demand lately. Nowadays it is quite often possible to…
New law which regulates crypto license holders entered into force on 10.03.2020. Key points: Two previously existed crypto licenses are combined into single Virtual currency service provider license. Share capital must be at least 12,000 eur, which has been fully…