If you are considering starting your own Forex brokerage, obtaining a Forex license is one of the first things you should consider in order to legitimize your business. In this article, we will consider the advantages of the following jurisdictions for obtaining a Forex brokerage license in 2021: Cyprus, The United Kingdom, Vanuatu and Malta.…
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The U.S. Office of the Comptroller of the Currency (OCC) issued an approval for Anchorage Digital Bank to become the first federally-chartered crypto bank. Anchorage is focused on forming partnerships with other banks to allow relevant partner banks to offer digital asset services to their customers. The OCC has now issued three interpretative letters that…
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Deoffshorization is spreading rapidly around the world. Many countries are currently fighting against money laundering and introduce restrictions on operations from offshore jurisdictions in order to provide economic security and stability and transparency of the public financial sector. The attention of the banks is now focused on the activities of the company and availability of…
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One of the most important tasks for successful business structuring is choosing an appropriate jurisdiction in terms of tax planning. Currently many countries are interested in attracting high-tech companies in knowledge-intensive sectors of the economy that develop and use intellectual property objects in their activities. Tax legislators struggle to tax income from intangible assets in…
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