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UK FCA issued clarifications of cryptocurrency regulations
**The UK Financial Conduct Authority (FCA) has recently published the final version of guidelines specifying crypto asset activities that fall under FCA regulation.** Major part of these recently released guidelines was previously already propositioned in a consultation paper CP19, released in January. As it may be expected, the final guidelines do not significantly change the regulatory grou...
Path: Blog“To trade or not to trade?” or How Chinese Exchanges Overcome the Bitcoin Ban?
...n P2P exchanges too when they understand it’s a kind of breach. There is a point of view, that after the last Chinese elections, XI Jinping, who was re-elected as the President and General Secretary of the Communist party, may implement changes in cryptocurrency regulations. He is a recognized advocate for innovations on financial market and it is possible that under his supervision government w...
Path: BlogPakistan is planning to regulate crypto business
...the government of Pakistan are created to limit the above-mentioned risks, while developing a certain legal framework, which will allow cryptocurrency businesses to operate in Pakistan. FATF is planning to publish complete rules for international cryptocurrency regulations by the end of summer 2019. Read our blog to keep abreast of all interesting and actual crypto news.
Path: BlogRussia adopting three-tier cryptocurrency regulation
...r the digital assets industry. Many experts raise concerns about the anonymity issue and suppose that proposed crypto laws would reveal cryptocurrency owners’ identities. At this point, Russia is about to introduce one of the most comprehensive cryptocurrency regulations in the world. Together with the evolution of the blockchain and cryptocurrency sphere, the country continues to develop new...
Path: BlogHow cryptocurrency will be taxed in the UK?
...itutes a payment for service or business activity. Crypto companies based in the United Kingdom and companies paying wages in cryptocurrency, for their part, will pay income tax along with national insurance contributions. Without any doubt, cryptocurrency regulations will be reviewed and updated time to time. Therefore, read our blog to keep abreast of all actual and interesting technolog...
Path: BlogDubai is set to regulate investment tokens
...still learning I think it is important to have structure and regulation to ensure that people have security and reassurance. I believe the move will see a new wave of people joining the space." Our editorial office continues to keep an eye on the cryptocurrency regulations all across the globe and welcomes any new regulations implied by the governments. Furthermore, our team of professionals ha...
Path: BlogHow to Obtain a Crypto License in Saint Vincent and the Grenadines
...nion (ECCU) and is involved in a pilot program to test digital currency as legal tender. This guide provides a comprehensive overview of how to obtain a crypto license in SVG, detailing the necessary steps, requirements, and benefits. Overview of cryptocurrency regulations in SVG Regulatory Environment Saint Vincent and the Grenadines does not have specific legislation exclusively governing...
Path: BlogSwitzerland Crypto License
In Switzerland cryptocurrencies and exchanges are legal, and the country has adopted a remarkably progressive stance towards cryptocurrency regulations.Incorporation: around 3 months + delivery time for the courier Minimum paid up capital: 100,000 CHF Overview Clearly, Switzerland is not the cheapest of jurisdictions in which to establish a new business, but it does have ma...
Path: Licensing