Forex, Crypto and Offshore Industry News

The President of Belarus, Alexander Lukashenko, signed the Decree “On Taxation” which exempts forex trading from taxes.The decree exempts individuals from paying income tax received from transactions with non-deliverable OTC financial instruments. ... Read more >>
The Central Bank of the Bahamas launched a pilot testing of a Central Bank Digital Currency (CBDC) that was introduced on 27 December 2019. A so-called “Sand Dollar” is starting a pilot phase in Exuma, one of the... Read more >>
The political unrest and change are currently taking place in many parts of the world. A series of high-profile events continue unabated around the globe. Brexit in the UK, an impeachment trial in the United States, ... Read more >>
The Australian financial regulator has implemented new regulation for wholesale clients and excluded the ‘price and value test’ for issuers of CFDs. The test is applied by CFD issuers when classifying customers as wholesale clients. ... Read more >>
Chinese President Xi Jinping is visiting Macao this week with a number of economic incentives and plans aimed at diversification of the region. Macao is a semi-autonomous region best known for its gaming... Read more >>
Although CFDs and Turbo Certificates have common characteristics, ESMA’s restrictions do not extend to such investment product as Turbo Certificate. So, let’s find out why? What is the difference between ... Read more >>
Crypto taxation is one of the hottest topics of debate globally. And while most of the countries keep on discussing the opportunities of crypto taxation, South Korea takes the initiative into own hands.... Read more >>
An on-going initiative of the British Virgin Islands government to boost the local Financial Technology sector includes the development of the sovereign digital currency. The British Virgin Islands have been ... Read more >>
The foreign exchange market has existed since ancient times. Exchange systems have occurred around 8 thousand years ago and have undergone significant changes and developments before such a niche as Forex market emerged.... Read more >>

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