カテゴリー: offshore

Interest in Philippines Economic Zone Crypto License Spikes – 17 Firms Paid in Full

Interest in Philippines Economic Zone Crypto License Spikes - 17 Firms Paid in FullThe Philippines government-owned Cagayan Economic Zone Authority (Ceza) is in the process of issuing more crypto licenses. Interest for the license by offshore companies “surpassed all our expectations,” Ceza administrator said. Seventeen firms have already paid in full; 19 more are in the pipeline. Ceza expects to earn about $68 million from crypto licensing. Also read: Yahoo! […]

The post Interest in Philippines Economic Zone Crypto License Spikes – 17 Firms Paid in Full appeared first on Bitcoin News.

Bitfinex Starts Sharing Customer Tax Data with Authorities

Bitfinex, an exchange famed for its opaque banking arrangements, has begun ordering its users to submit their tax details. The platform, which is registered in the British Virgin Islands, a known tax haven, will retain this information and may share it with tax authorities in their customers’ jurisdiction. The news has caused quite a stir. […]

The post Bitfinex Starts Sharing Customer Tax Data with Authorities appeared first on Bitcoin News.

Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency

Offshore Tax Haven Marshall Islands to Issue National CryptocurrencyA small island nation with less than 60,000 inhabitants best known internationally as a former test site for nuclear weapons is joining the hottest new trend – issuing a national cryptocurrency. The planned Marshall Islands’ Govcoin is expected to be issued later this year. Also Read: Europol: Hardcore Criminals Are Shifting From Bitcoin to Monero, […]

The post Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency appeared first on Bitcoin News.

Russia Drafts Bill to Create Offshore Companies to Trade Cryptocurrencies

Russia Drafts Bill to Create Offshore Companies to Trade CryptocurrenciesThe Russian Ministry of Finance is drafting a bill to allow the creation of offshore companies to trade cryptocurrencies. This follows the bill which the ministry recently published on the legal framework for cryptocurrencies. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Crypto Trading Offshore “The Ministry of Finance proposed to create […]

The post Russia Drafts Bill to Create Offshore Companies to Trade Cryptocurrencies appeared first on Bitcoin News.

Paradise Papers Reveal Bitfinex’s Devasini and Potter Established Tether Already Back in 2014

Paradise Papers Reveal Bitfinex's Giancarlo Devasini and Philip Potter Established Tether in 2014Bitfinex’s Giancarlo Devasini and Philip Potter has been named in the Paradise Papers – an enormous data leak identifying over 120,000 companies and individuals who have employed the services of offshore service providers operating in ‘tax havens’. The leaked documents contain evidence that Giancarlo Devasini and Philip Potter established Tether in the British Virgin Islands […]

The post Paradise Papers Reveal Bitfinex’s Devasini and Potter Established Tether Already Back in 2014 appeared first on Bitcoin News.