10th of September
Kyrgyz banks show active interest in cryptocurrencies
Last spring, the head of the Kyrgyz Central Bank said that only the som (the country's national currency) could be used in the republic.
6th of September
On countries where gambling activities remain illegal
In the vast majority of countries around the world, activities related to gambling have become fully or partially legal. However, there are still states that have a negative attitude towards such business.
1st of September
About tax incentives for small businesses in the UAE
In April this year, the Ministry of Finance of the United Arab Emirates decided to provide tax benefits to some representatives of small businesses.
31th of August
Bitfarms is scaling up bitcoin mining in Paraguay
Paraguay has come under the scrutiny of BitFarms, one of the largest representatives of the cryptocurrency mining market. BitFarms is increasingly mining bitcoin on the territory of this country.
31th of August
Reminder for CFCs: it is necessary to report to the tax authorities
On January 1, 2022, Ukraine adopted a legal rule according to which all Ukrainian owners of international companies must inform the tax service about the purchase of a stake or the liquidation of a company abroad.
30th of August
UBS plans to close the accounts of Credit Suisse clients from CIS countries
The largest Swiss bank UBS has decided to refuse to provide services to citizens of CIS countries, who are currently clients of Credit Suisse financial group.
28th of August
Unlicensed crypto activity in Hong Kong faces up to 7 years in prison
By 29 February 2024, all virtual asset (VA) service providers registered in Hong Kong (Xiangyang) or advertising their VA services in the Hong Kong market must obtain a special license or cease operations.
25th of August
Cryptoplatforms in South Africa are required to obtain a license in 2023
The Financial Services Supervisory Authority of South Africa (FSCA) has announced that the Financial Advisory and Intermediary Services Act has been updated. Virtual assets are now considered financial products. This decision is an extremely important step in terms of regulating the cryptocurrency industry.