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Innovate! Crypto exchange OKEx has recently released data analysis platform for derivatives trading
...et to help users analyze market trends, we decided to build a tool that can benefit our users. That’s why we launched this big data platform, and we are proud to say that we are the first in the industry to provide this kind of data."* Big data analysis is becoming a more essential part of crypto trading. Major players of this market are trying to boost their productivity by means of data awa...
Path: BlogWhy should you invest in offshore business?
...t you as investor should analyze all pitfalls of this idea and decide which investment decision to make. Assistance of professional consultant from OffshoreLicense Ltd can help you sort out this specific situation and make the right decision. Proper analysis can make your investment process easier and turn your assets to a real business shares and investments that will pay off.
Path: BlogWhat needs to be included in your offshore business plan
... employment process. All these problems can be solved just with a help of a professional team. Entrepreneurs are often under great pressure while moving offshore or starting a new business. Considering this, our specialists are focuses on Financial analysis, Law, Licensing, Consulting, Bank Account Opening, Company Incorporation and other services that will help customers to set up a business in ...
Path: BlogUK Crypto License
Starting your Crypto Exchange company in the UK is a great choice due to the absence of any specific regulation of the industry by the Financial Conduct Authority. However, it is highly recommended that Crypto Exchange Companies completed an analysis of their planned activity in order to clarify whether the particular Crypto Exchange project complies with the legislation of the United Kingdom.Tim...
Path: LicensingCan Bitcoin Replace Gold As the Safe-Haven Asset?
...rom bonds in search for the yield is likely to more advantageous to Bitcoin than it is to gold. Also, gold prices have now stepped back from their record-breaking all-time high of $2,000 per ounce, settling around $1,800. On the other hand, some analysis shows that this price could be temporary and suggests that gold would hit $3,000 per ounce inside 18 months. This could be the sign that inst...
Path: BlogRussians Are Actively Buying Property In Cyprus
The recent changes into the Cyprus Investment Program (CIP) rushed Russian citizens to buy immovables on the island. Demand analysis in the first quarter of the year shown 40.43% upsurge. Amendments to the CIP were announced in February and entered into force on 15 May 2019. At the current time, in addition to a standard investment in the amount of € 2 million, the Cyprus authorities do ...
Path: BlogEU Has Amended The List Of Non-Cooperative Tax Jurisdictions
The Council of the EU, based on an intense process of analysis and dialogue steered by the Commission, has amended the EU list of non-cooperative tax jurisdictions by adding to it ten jurisdictions. Up until today, there were five territories blacklisted by the EU: American Samoa, Guam, Samoa, Trinidad and Tobago, as well as the US Virgin Islands. **The updated list contains the following co...
Path: BlogAustralia is planning to implement blockchain technology in order to automate transaction reporting
**The Australian Transaction Reports and analysis Centre (AUSTRAC) currently is testing a blockchain prototype with a goal of funds transfer automation.** ZDNet reported this Sunday that the AUSTRAC has partnered with the Swinburne University of Technology in Melbourne for the purpose of building a model for testing. The aforementioned associates will particularly test how blockchain and rela...
Path: BlogBusinesses will be required to meet criteria of physical presence in Belize
... address at the House Sitting stated: *“The reason for the rush is that this is a consequence of the pressures that have been brought to bear on our jurisdiction by the industrialized countries, and in this case, by the EU, and by OECD. In its analysis of information on areas of tax transparency, fair taxation and implementation of anti-base erosion and profit sharing measures, the so-called...
Path: BlogJapan's Financial Services Agency is ready to approve crypto exchange-traded funds (ETFs)
...ies, the bill may come into force by 2020. The FSA has abandoned its plans to include permission for trading crypto derivatives on financial exchanges due to its concerns that this only encourage speculation. Recent increase of interest in and analysis of Japan crypto space is also tied to a hack of the Coincheck exchange in January, which resulted in around $533 million in cryptocurrencies ...
Path: BlogTax storm. British Virgin Islands ceased to be a "haven" for shall companies
...ation of legal entities, in agreement with the European Union, enacted the Law on Economic Presence, which entered into force on January 1, 2019.** In 2017, the Code of conduct group on the observance of the Code on business taxation conducted an analysis of the requirements of 92 jurisdictions, the results of which revealed a list of countries that heavily abuse their exclusive position in the...
Path: BlogHerding in the most volatile market in decades
...ng when the price goes up and selling when it goes down. However, if one is to find that no herding is present in a financial market then this would mean that volume causes price to move, and thus market participants are doing their due diligence analysis and only then committing to a transaction which would increase volume and thus the price would either increase or decrease. In this case t...
Path: BlogNew anti-money laundering rules for crypto exchanges in Norway
... including: • Implementing and maintaining an AML/CTF program to identify and manage money laundering and terrorism financing risks; • Identification and verification of the customers; • Reporting to Australian Transaction Reports and analysis Centre regarding suspicious transactions involving physical currency of $10,000 or more; • Storing the above-mentioned records for seven...
Path: BlogDecentralized Internet – affordable resources and privacy on the web
...ists founded the Tor Project in December of 2006 with the mission of enabling anonymous communication. Obviously, anonymous communication enforces privacy. Tor, an acronym for “the onion router,” protects against network surveillance and traffic analysis. The onion router provides anonymity with an algorithm of layers along the route of communication. Each layer only knows about the layer b...
Path: BlogCayman acknowledged as a top offshore financial center
...slands are holding on with their places and the Bahamas even moved 22 places up. **GFCI is a ranking that is very important** for offshore jurisdictions. It functions since 2007 and more than 15,000 professional respondents have taken part in the analysis. This is why participating in GFCI means a lot for financial services centers.
Path: BlogJersey initiates anti-money laundering review
...onal anti-money laundering and counter-financing of the terrorism standards**. Due to this, the **Jersey Financial Services Commission** initiated the first stage of the review and assessment process. Risk assessment will be based on collection and analysis of data from the licensees. How are the collection and analysis conducted? First of all, the Jersey Financial Services Commission notif...
Path: BlogJapan Exchange Regulation and Tokyo Stock Exchange Implementing AI Solutions
...y were previously used for the trade activity surveillance. **The data was used to detect suspicious trading activity and initiate investigations for doubtful cases.** New features will allow personnel of JPX-R and TSE dedicate more time on detailed analysis of any suspicious cases. **Artificial intelligence will take the responsibility to identify and conduct primary analysis on trade operations....
Path: BlogSaint Vincent and the Grenadines Deals with the False Accusations
...ns into Paul Manafort but what can be done with St. Vincent reputation blackened by the media resources? They will deal with the consequences for some time now. When choosing an offshore jurisdiction, it is crucial to use the professional advice and analysis, not only an open-source information that might not correspond to the reality. This is why you can use services offered by **Offshorelicense ...
Path: Blog6 things to consider when going offshore in 2017
...ries. This means you need to analyze company registration process to fasten registration process, choose statutory capital size, and let yourself choose board of directors or shareholders easily. In some cases, you even need to conduct a comparative analysis to consider all necessary business establishment points. 5. Communication process and language matters. Everyone is aware that matters of...
Path: BlogHong Kong Type 9 (Asset Management) License
...lated fund. It is relevant to note that the Type 9 license not only covers portfolio management activities, but also permits incidental marketing of funds which are managed by the licensed corporation as well as incidental research and securities analysis. Consequently, such incidental activity allows a Type 9 licensed corporation to carry out activities (on a limited basis) without the need to...
Path: LicensingAustralia Crypto License
...ses must ensure they have adequate financial resources to meet the compliance and operational standards set by the regulatory authorities, such as the Australian Securities and Investments Commission (ASIC) and the Australian Transaction Reports and analysis Centre (AUSTRAC). Overview As of March 2024, Australia does not yet have a defined process or timeline for cryptocurrency licensing, as...
Path: LicensingKazakhstan Crypto License
...bmitting the application to AFSA, and handling additional requests. Stage 3: Company registration, preparation of corporate documents, employment of local employees, and setup of accounting services. Stage 4: Corporate account opening, involving analysis of suitable banks, collection of necessary documents, and guiding through the account opening process. Key documents requi...
Path: LicensingWorldwide Patent registration
... disclosed to the world. Optional stages: Supplementary International Search – carried out by the other ISA upon your request; International Preliminary Examination – one of the ISAs carries out an additional patentability analysis. National Phase: National Phase – after 30-month period from the filing date, your application is being reviewed by the regional...
Path: Licensing