Coinbase Debuts Offshore Exchange With Bitcoin And Ethereum Perpetual Futures Amid Regulatory Challenges In The US

216 +

Coinbase Opens Offshore Crypto Derivatives Exchange

Coinbase International Exchange will offer trading of perpetual futures for bitcoin and ether.

84 +

Coinbase to Potentially Launch an Offshore Derivatives Platform

Coinbase may be planning to use its newly acquired regulatory license to operate in Bermuda to launch a derivatives exchange. Coinbase Bermuda Coinbase is planning on expanding its operations worldwide....

232 +

Coinbase gets Bermuda license, offshore exchange could launch next week: Report

It’s reported that the United States-based crypto exchange is planning to quickly launch a derivatives exchange based in the island nation.

182 +

Tether launches yuan-pegged stablecoin on Tron

Tether announced the integration of its Chinese yuan stablecoin (CNHT) to the Tron blockchain. Bitfinex will be the first exchange to support deposits and withdrawals in the new stablecoin. Tether initially launched its offshore Chinese Yuan stablecoin (CNHT) on Ethereum…

269 +

Wells Fargo and HSBC add offshore digital yuan to their foreign-exchange system

Major banks, Wells Fargo and HSBC, decided to integrate the Chinese yuan into their blockchain-based foreign exchange transaction system. Wells Fargo and HSBC announced on Thursday that they added support for the Chinese circulating outside of the mainland to their foreign exchange…

235 +

Unclear regulations drove 95% of trading activity offshore: Coinbase CEO

The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.

123 +

Ripple Requests Assistance From Offshore Bitcoin Exchanges In Its Ongoing Lawsuit

A new twist to the Ripple vs. SEC case has come to the fore. SEC’s New Filing Fatal To Its Claims In response to the Securities and Exchange Commission (SEC)’s lawsuit against blockchain firm Ripple Labs, co-defendants Brad Garlinghouse and Chairman Chris Larsen have requested that the regulatory agency carry out investigations on crypto exchanges […] The post Ripple Requests Assistance From Offshore Bitcoin Exchanges In Its Ongoing Lawsuit first appeared on BitcoinExchangeGuide.

366 +

Mining Company Ebang’s Stock Listed on Nasdaq Down 11%, Firm Plans to Launch Offshore Exchange

The bitcoin ASIC mining rig manufacturer, Ebang International Holdings, was recently listed on Nasdaq last Friday on June 26. Ebang is now the second mining rig manufacturer to have a U. S. initial public offering (IPO) by selling company shares.

270 +

$11 Trillion Offshore Assets Uncovered After 100 Countries Share Information on 84 Million Bank Accounts

Governments in nearly 100 countries have been sharing offshore bank account information in an effort to crack down on tax evasion. Their “Automatic exchange of information” has led to uncovering 10 trillion euros ($11 trillion) in offshore assets in 84 million bank accounts.

268 +

Mining giant Ebang launches its own cryptocurrency exchange

One of the largest manufacturers of equipment for mining Bitcoins plans to launch an offshore exchange, which should double the company’s revenue by half in 2022. Ebang’s ambitious plans CFO Chen Lei in an interview with Bloomberg BNN confirmed Ebang’s plans to create a cryptocurrency exchange.

240 +

BTSE Crypto Exchange Moves HQ to Offshore Tax Paradise

The BTSE crypto exchange sought a new headquarters after tightening regulations in most regions sparked the search for a more lenient legal climate. BTSE Considers its Dubai Licensing as Insufficient The BTSE exchange, aiming at financial innovation, has been on the lookout for the most suitable residence.

183 +

Crypto derivatives exchange Deribit goes offshore

Deribit, a crypto derivatives exchange company, announced earlier that from February 10th, 2020 it will become a Panamian corporation. The exchange platform will no longer operate as a Dutch company (Deribit B.

218 +

SEC halts Telegram’s $1.7 billion ‘unlawful’ token offering

The US Securities and Exchange Commission [SEC] announced filing for emergency action and obtained a temporary restraining order against two offshore entities, Telegram Group, and its subsidiary TON Issuer for raising over $1.

198 +

SEC’s Hester Peirce promises regulatory clarity; says SEC doesn’t want crypto-businesses like Circle moving offshore

Regulatory developments across the world are forcing crypto-businesses to find homes in lenient geographies. Hester Peirce, Commissioner at the U. S. Securities and Exchange Commission, featured in an interview to clear some of the fog left in the wake of the lack of clarity in U.

217 +

Did Nicolas Maduro Use Crypto to Take Capital Out of Country?

An investigation in the Spanish press suggests the country’s regime may have transferred funds to an offshore exchange via Bitcoin (BTC) and other digital assets.

207 +

Circle and Poloniex moving from the US to Bermuda due to regulatory uncertainty

Crypto conglomerate Circle announced that it will be moving the majority of its operations offshore, as regulatory uncertainty has made servicing U. S. customers increasingly difficult. The company received a full Digital Assets Business Act license in Bermuda for Poloniex, a cryptocurrency exchange it runs.

293 +

Circle Shifts Exchange Operations to New Bermuda Office

As the U. S. lawmakers and the Treasury Secretary consider implementing stringent regulations against cryptocurrency, Circle has packed its bags and moved offshore to Bermuda. Circle Moves to Evade Oppressive Regulation As regulatory pressure continues to stack up against cryptocurrency companies, Circle has announced that it is moving nearly 100% of its exchange operations offshore.

240 +

Circle Moves Exchange Operations Offshore With New Bermuda Office

Circle is moving the majority of its Poloniex exchange operations offshore, citing a "lack of regulatory frameworks" in the U.S.

179 +

Lame 'Old' SEC Should've Approved a Bitcoin ETF Already, Scolds Crypto Mom

SEC Commissioner Hester Peirce ("Crypto Mom") says the Securities and Exchange Commission should've approved a bitcoin ETF already and slammed the agency for being a backward relic. Hester Peirce to SEC: Wake Up to the Future Moreover, Peirce is concerned that the murky regulatory framework in the United States will chase crypto businesses offshore.

233 +

ADAX Awarded New Exchange License for Security Tokens

(Manila, Philippines) – Asia Digital Asset Exchange (ADAX) was awarded an Offshore Virtual Currency Exchange (OVCE) License from the Philippines’ Cagayan Economic Zone Authority. Receiving this license is a major step forward for ADAX Tech.

169 +

ADAX Awarded New Exchange License for Security Tokens

(Manila, Philippines) – Asia Digital Asset Exchange (ADAX) was awarded an Offshore Virtual Currency Exchange (OVCE) License from the Philippines’ Cagayan Economic Zone Authority. Receiving this license is a major step forward for ADAX Tech as they launch their fully regulated asset backed token issuance and exchange platform.

260 +

ADAX Awarded New Exchange License for Security Tokens

Asia Digital Asset Exchange [ADAX] was awarded an Offshore Virtual Currency Exchange [OVCE] License from the Philippines’ Cagayan Economic Zone Authority. Receiving this license is a major step forward for ADAX Tech as they launch their fully regulated asset-backed token issuance and exchange platform.

230 +

Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year

Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts.

352 +

Crypto taxes due Monday - what you need to know

With April 15th looming large on the financial calendar of most Americans, the 2018 tax year will present some challenging scenarios for many. How to account for loses? Do offshore exchange wallets require ‘FBAR’ reporting? Can I trust the advice I’m receiving? We ask legal and accounting experts for their take on some important crypto tax questions.

258 +

Finafex ICO

Finafex is a state of the art crypto asset exchange custody and trade settlement platform that works as the crypto-arm of the Capital Investment Bank Ltd (CIBL) — An Investment Bank licensed under the purview of the Labuan Offshore Financial Services Authority (LOFSA).

286 +

“Guidance by Enforcement”: How the SEC Is Slowly Shaping ICO Regulation

On November 27, 2018, a California judge turned back the SEC’s request for an injunction against token company BlockVest, a company the U. S. Securities and Exchange Commission (SEC) is pursuing for allegedly conducting an unregistered securities offering.

759 +

Victorieum Token is Making Waves with an Integrated Exchange Platform and Full Services Offshore Banking

Cryptocurrencies and blockchain technology have created a revolution in the finance and banking sector worldwide. The post Victorieum Token is Making Waves with an Integrated Exchange Platform and Full Services Offshore Banking appeared first on CoinSpeaker.

146 +

Coinfloor Obtains DLT Provider License in Gibraltar

Coinfloor, the oldest operational cryptocurrency exchange in the U.K., has become the first company to secure a distributed ledger technology (DLT) license in Gibraltar. Also Read: 19 Companies Licensed to Operate Crypto Exchanges in Philippine Economic Zone British Overseas Territory Recognizes First Offshore Crypto Entity The London-based crypto exchange, which is backed by Transferwise founder Taavet […] The post Coinfloor Obtains DLT Provider License in Gibraltar appeared first on Bitcoin News.

210 +

Texas State Securities Board Hits Russian Hoaxers with Cease-and-Desist Orders

Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd.

426 +

OKEx Founder Released After Questioning in Connection With Suspected Coin Fraud

The founder of cryptocurrency exchange OKEx was detained for questioning on September 10, 2018, by Shanghai police to investigate a case of suspected digital currency fraud related to WFee coin.

294 +

China to crack down on 124 offshore cryptocurrency exchanges

It appears that cryptocurrency businesses are on the Chinese authorities’ radar again. China is blocking access to the websites of 124 offshore cryptocurrency exchange desks in the country, South China Morning Post (SCMP) reported today.

225 +

Worry For Coinbase As Trading Volume Slumps Below Offshore Rivals

Coinbase want to become the epitome of the regulated, controlled and honest cryptocurrency exchange. They want to be the go to spot for personal investors and institutional investors alike, offering only trialled and tested cryptocurrencies that will help investors see a return.

231 +

Diar’s Research Using CoinApi Data Shows Coinbase USD Crypto Trading Has Dropped 83% in 2018

Coinbase Trading Drops 83% Since January, Offshore Cryptocurrency Exchanges Grow Coinbase, the cryptocurrency exchange giant is somewhat struggling to maintain its client base. While the company is consolidating its place in the market, it is, at the same time, struggling to keep some of its clients during the current bear market. The San Francisco-based firm […]

328 +

Winklevoss Cryptocurrency ETF Denied by SEC Due to Offshore Manipulation Concerns — Price Reacts

With much of the financial world fixated on the prospect of a bitcoin exchange-traded fund, the US Securities and Exchange Commission (SEC) has reportedly denied the proposal from Gemini founders Cameron and Tyler Winklevoss.

229 +

China’s Nanjing City Launches $1.5 Billion Blockchain Investment Fund

Despite the nationwide ban on ICOs and offshore crypto exchange trading, China appears to be loosening its grip – at least where blockchain-based technologies are concerned. China represents an interesting dichotomy when it comes to cryptocurrencies and blockchain technology.

306 +

Digital Isle of Man Joins the British Blockchain Association

One of the earliest adopters of blockchain technology — the Digital Isle of Man (Digital IOM) — is now an official member of the British Blockchain Association (BBA).

430 +