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Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption
7.2.2020
The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and it aims to provide the regulation of cryptocurrencies for Saint Kitts and Nevis businesses...
Singapore AML Framework Can Attract Crypto Businesses, Not Chase It Away
6.2.2020
Singapore continues its push for "an Electronic Payments Society" with the new regulatory framework — unlike 5AMDL, it is unlikely to hinder crypto businesses
UK Crypto Startups to Pay Discounted £2,000 Fee for Registration, FCA Revises Application Charges
5.2.2020
Young and small cryptocurrency businesses will pay lower registration fees than big companies, the United Kingdom’s financial watchdog has decided after consultations with members of the industry. The revised fee scheme takes into account the firms’ income to determine the amount...
FinLab Accelerates the Digital Transformation of the Businesses
2.2.2020
FinLab is a four-month digital transformation program that was set up by the United Overseas Bank (Malaysia) in collaboration with SGInnovate in the year 2015. It was set up to promote innovation of financial technology (FinTech) in companies and accelerate the digital transformation of...
Free Website Builder + Free CRM + Free Live Chat = Bitrix24
30.1.2020
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You may know Bitrix24 as the world’s most popular free CRM and sales management system, used by over 6 million businesses. But the free website builder available inside Bitrix24 is worthy of your attention, too.
Why do I need another free website/landing...
Singapore Announces New AML Rules for Crypto Businesses
28.1.2020
Singapore’s newly-enacted Payment Services Act brings so-called Digital Payment Token (DPT) services under current anti-money laundering (AML) and counter-terrorist-financing (CTF) rules
Governments and Enterprises Can’t Get Enough of Blockchain
27.1.2020
Governments have long been wary of Bitcoin, while expressing admiration for its innovative ledger system. This trend can be traced back till 2014, when the “blockchain not bitcoin” mantra was coined. Six years on and that sentiment is being backed by action as governments and businesses...
WEF and PwC Report: Nature Risks Threaten Businesses and Economy
24.1.2020
A new report by the World Economic Forum (WEF) in collaboration with Pricewaterhouse Coopers (PwC) makes a case for why the environmental crisis will directly and significantly impact primary, secondary and tertiary businesses, and therefore disrupt the markets and the economy. Titled Nature Risk...
Paypal Pullout Prompts Pornhub to Add Tether as Payment Option for Its Adult Models
24.1.2020
The porn industry is seen by many as a perfect fit for widespread cryptocurrency usage as it suffers from financial censorship far more than most businesses. When Paypal stopped servicing Pornhub models, the company hinted it might turn to digital currency as an alternative and now this has been...
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
23.1.2020
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest...
What The 5th Anti-Money Laundering Directive Means For Crypto Businesses
10.1.2020
As 5AMLD comes into effect, cryptocurrency service providers are on the hook for new regulations
UK Financial Watchdog FCA Now Supervises AML/CTF Compliance of Crypto Businesses
10.1.2020
FCA is now responsible for the monitoring AML and CTF compliance of crypto-related companies
Baidu Adds Service to Help Developers, Small Businesses Build Dapps
6.1.2020
Chinese internet giant Baidu launched on Monday a blockchain-based service for developers and small and medium-sized businesses to build decentralized applications, or dapps
33,000 Companies in China Claim to Use Blockchain Technology
6.1.2020
China now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government...
Qatar Financial Centre Puts Blanket Ban on Cryptocurrency Businesses
6.1.2020
The Qatar Financial Centre has initiated a blanket ban on cryptocurrency-related activities
COSO to Release Guidance on Blockchain for Businesses Aiming to Deploy Tech
30.12.2019
COSO is working on guidance on blockchain to give businesses a better understanding of the tech
For Quick Wins, Focus on Decentralization Within Existing Businesses
21.12.2019
Instead of creating new solutions to replace existing businesses with decentralized ones, startups should focus on improving existing businesses using decentralization
Chinese Regulators Question 8 Crypto Companies in Shenzhen
20.12.2019
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with...
Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years
17.12.2019
Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms. India has a history of tensions with China, although the countries...
The State Encourages ICO Fraud. The Free Market Minimizes It
11.12.2019
Many Initial Coin Offerings (ICOs) have been and are frauds. The state enables this con game in various ways, including the establishment of accredited investors and the regulation of businesses that sell equity. Shut off from the most lucrative aspects of investment, average people rush into...