Forex, Crypto and Offshore Industry News

The Hong Kong Monetary Authority (HKMA) has recently stated that it is issuing four more virtual banking licenses, bringing the total number of virtual banking license owners to eight. This means that the overall number of banking licenses of ... Read more >>
Hong Kong brokers may target Mainland customers unlawfully. The Securities and Futures Commission (SFC) has recently published a statement warning brokers in relation to conducting business in mainland China.... Read more >>
The recent changes into the Cyprus Investment Program (CIP) rushed Russian citizens to buy immovables on the island. Demand analysis in the first quarter of the year shown 40.43% upsurge. Amendments to the CIP were announced ... Read more >>
As you may know, not so long ago the Republic of the Marshall Islands announced the establishment of Sovereign coin (SOV), a national coin that currently being under active development. ... Read more >>
With the upcoming end date of EU-wide product intervention measures on July 30, 2019, national regulators are seriously contemplating the implementation of their own rules. The Cyprus Securities and Exchange ... Read more >>
Russia is still actively considering the question of whether cryptocurrency should be regulated at the government level. The head of nation's central bank said that the country is planning to create a gold-backed cryptocurrency in... Read more >>
During the last few days, a lot of news related to "new" legislation in Estonia began to appear on the Internet. One of the main sources of such information was the local consulting firm ESTI. According to their report, ... Read more >>
The state of Montana has just released a bill that will exclude cryptocurrencies from the securities law and will describe the use of utility tokens in a in a clear and straightforward manner. The Governor of Montana, Steve ... Read more >>
The Security Commission of the Bahamas is radically pushing for a new framework for token projects. The aforesaid project’s purpose - to turn this popular tourist destination into a blockchain startup hub. ... Read more >>

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