It is very likely that soon Bahamians will have their own digital currency. The Central Bank of the Bahamas disclosed the plans to issue their own electronic money and establish digital currency as a legal tender....
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Starting from 2019, all UAE entities conducting “relevant activities” (explained further) will be obliged to meet certain legal requirements. These are “economic substance regulations” requiring the UAE companies to demonstrate ...
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Two Japanese companies have been cooperating for two years on local cryptocurrency and now are launching a trial of a local digital coin. Mitsubishi Research Institute and Kintetsu Shimakaze railway company introduced...
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This week the Bermuda Government announced that the country is ready to accept digital currency for government taxes, services, and fees payments. Bermuda thereby became the first government providing ...
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Russia shows its readiness to embrace the crypto world since Russians are actively using cryptocurrencies in multiple ways. The three-tier approach to regulate digital currencies proposed by Russia’s Finance Ministry...
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Hong Kong has introduced a new regulatory framework for managers controlling virtual asset portfolios. New terms and conditions released by Hong Kong’s Securities and Futures Commission (SFC) have emerged...
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Singapore’s retail traders will no longer have access to 50:1 leverage. If previously traders only had to meet margin requirements of 2 percent, new retail trading regulations that came into effect this week cut FX leverage by more than half....
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North Korea continues to impress the international community by showing how enthusiastic it is about the ample opportunity deriving from the cryptocurrency. The country announced that it will ...
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The Cyprus Securities and Exchange Commission (CySEC) has announced new national measures that restrict the distribution, sale, and marketing of contracts for difference (CFD). New CySEC measures are largely ...
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