Forex, Crypto and Offshore Industry News

Experts quite a while have attempted to propose a correlation between Bitcoin and gold as safe asset to invest. Both assets are suitable as the crypto asset and the gold are used as a macro guarantee against inflation, and the devaluation... Read more >>
The United Kingdom (UK) left the European Union (EU) on 31 January 2020. A transition period is now in place until 31 December 2020. If UK leaves the EU without an agreement (no-deal Brexit), it is... Read more >>
Electronic Money Institutions (EMIs) will be facing uncertainty over regulations due to post-Brexit and Sixth Anti Money Laundering Directive (6 AMLD) which provides obligations that need to be transposed by European Union... Read more >>
Recently European Union (EU) and United States (US) brought legislative changes regarding cryptocurrency industry. New set of rules for crypto industry in EU known as the Markets in Crypto-Assets (MiCA) was ... Read more >>
The Securities and Exchange Commission (SEC) of Nigeria recently announced that it will be regulating the trade of digital currencies in the country. Issuance and sponsoring of virtual digital assets will be supervised by SEC’s regulation.... Read more >>
Authorities in the Swiss canton of Zug plan to begin accepting taxes in cryptocurrency from the start of next year. From February 2021, citizens and companies based in Zug will be able to pay of their taxes... Read more >>
The US Commodity Futures Trading Commission (CFTC) updated its latest caution list or the Registration Deficient List-the ‘RED List,’. In this list CFTC warns the public against unauthorized Forex and binary options ... Read more >>
Last week Archax - institutional-grade exchange for trading asset-backed tokens (digital securities, security tokens, etc.), announced becoming Financial Conduct Authority (FCA) regulated digital ... Read more >>
Last week Germany’s Federal Ministry of Finance (BMF), together with the Federal Ministry of Justice and Consumer Protection (BMJV), introduced a draft bill on blockchain-based digital securities.... Read more >>

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