Forex, Gambling and Offshore industry news artilces by Offshorelicense

Pandemic effect on Cryptocurrency markets

Mar 18, 2020

The World Health Organization (WHO) officially classified Coronavirus as a pandemic. Outbreaks in Italy, Korea, and Iran appear to be spreading rapidly, with more than 60 countries having been directly affected and cases being ... Read more >>

Will 2020 bring the volatility back to the Forex market?

Mar 13, 2020

This week started off with a global stock market fall that became the steepest since the 2008 financial crisis. On the so-called Black Monday stocks entered a ‘’bear market’’ when fallen more than 20% from the recent peak. The crash ... Read more >>

Crypto-Friendly bank ‘freeze’ bank account

Mar 11, 2020

For those companies or people dealing with crypto transactions on a daily basis, or those buying cryptocurrencies as an investment, finding a suitable bank and open an account that will hold their funds is essential.... Read more >>

Norwegian airline’s customers may be able to purchase flight tickets with bitcoin

Feb 28, 2020

The third largest low-cost airline in Europe and the largest airline in Scandinavia will start accepting payments for flight tickets in crypto as soon as this spring. Norwegian Air, one of the biggest airlines in Europe is ... Read more >>

Negative effects for Payment Service and E-money Institutions in case of no-deal Brexit

Feb 25, 2020

After more than three years since the vote took place in 2016, on January 31, 2020, United Kingdom officially has left the European Union. Since the official withdrawal from the bloc, the region is now in a 11 – month... Read more >>

What is the reason behind the suspension of ePayments operations?

Feb 18, 2020

Last week brought a surprise for the payment space. An electronic money institution ePayments Systems has suspended all activity on its customer accounts following the UK’s financial watchdog order. As a result,... Read more >>

Cambodia will launch a central bank digital currency

Feb 04, 2020

“Project Bakong” first trialed last summer is a specially designed digital currency that will serve as the national payment gateway for Cambodia. Based on the blockchain technology, a peer-to-peer platform with its own digital ... Read more >>

The UN warns on North Korean Crypto Conference

Jan 30, 2020

As has been previously reported, North Korea will host its second blockchain conference that will take place in February. The event is being arranged by Alejandro Cao de Benos, a president of the Korean Friendship... Read more >>

Belarus exempts Forex trading from taxes

Jan 21, 2020

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... Read more >>

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Forex, Crypto and Offshore Industry News