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Gibraltar Goes Fintech: Next Destination - Hong Kong

...ooperation. Gibraltar is the member of this week for the first time. Delegation represented desire for this jurisdiction to move into the Fintech sector. The majority of the Albert Isola delegation were businessmen, executives, investors and even financial regulators. They performed a number of meetings and a reception to make some crucial agreements on the future deals. Gibraltar Fintech Offer...

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Virtual Currencies’ Control in Singapore

...n the field of financial instruments makes regulators think of more and more universal types of acts and laws. Many international documents also have requirements for the counter-financing of terrorism and anti-money laundering policies. This puts financial regulators in the position where they should decide whether **digital currencies** are according to the legislation or they should be banned...

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Repeal of the Bermuda Tax Reform as the General Service Tax got Denied

Even though the financial regulators of **Bermuda** had extensive plans regarding the **tax reform**, a lot has changed since then. Previously, we informed our readers about the implementation of a general service tax, however, it is dismissed from now on. The 2018\19 pre-budget report declares **tax amnesty** in controversy to the old plans. This amnesty will consist of a cancellation of la...

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Switzerland Puts a Hand Over Supervising ICOs

...urchaser. Considering this, FINMA, classifies both, utility and access tokens, as securities. This implies that the requirements for them are stricter than for payment tokens. However, the authority still controls all three types. The European financial regulators community still does not have a unified position about cryptocurrencies, blockchain and ICO. For the time being, Switzerland is a...

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