Tag: Offshore

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Vietnam pushes local crypto exchanges as Hanoi moves to block offshore trading: Reuters

Vietnamese firms are racing to secure licences for the country’s first domestic cryptocurrency exchanges as Hanoi moves to restrict trading on foreign platforms.A government...

Offshore Crypto Exchanges Create Oversight Gaps, FATF Says

A new report from the Financial Action Task Force (FATF) warns that crypto service providers operating offshore pose risks of money laundering, sanctions evasion...

Underwater Data Center Project Aboard Offshore Wind Turbine

San Francisco-based Aikido Technologies has revealed plans to host data centers inside its offshore wind turbines.Under the proposal, data center infrastructure would be housed...

South Africa Tax Collector Deploys New Tech to Track Crypto and Offshore Assets

South African crypto-asset service providers must now transmit detailed transaction data directly to the revenue collector, allowing for precise automated reconciliation and targeted audits....

Tether To Terminate Offshore Yuan (CNH₮) Operations – Here’s Why

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Stablecoin operator Tether has announced its decision to discontinue support for its...

$100M Crypto Laundering Bust Reveals 81 Bank Accounts and Offshore Transfers

Nearly $100 million in investor funds was funneled through shell companies, offshore accounts, and major cryptocurrency exchanges in a sweeping federal money laundering case,...

Wall Street remains bullish on bitcoin (BTC) price while offshore traders retreat

A divergence in global bitcoin BTC$70,242.45 market sentiment is widening as U.S. institutional investors hold steady while offshore traders retreat from their positions.The gap...

The Technical Architecture of Bulletproof Hosting and Offshore Infrastructure: A Definitive Guide

Share Share Share Share Email In an era where digital presence is synonymous with business survival, the infrastructure supporting your website is the most critical asset you own. For...

Why your offshore crypto is no longer safe from the taxman

David Klasing, a tax attorney from California, recalls meeting a client whose early cryptocurrency holdings had grown to $700 million in eight years and,...

India Faces Pressure to Rethink Crypto Taxes Ahead of Union Budget as Trading Shifts Offshore

In brief India’s crypto industry is pressing for tax relief ahead of the Union Budget, warning that high transaction taxes have pushed trading offshore. About three-quarters...

Stablecoin Yield Bans Under CLARITY Act Could Push Capital Offshore

The proposed restrictions on stablecoin yields under the US CLARITY Act risk driving capital out of regulated markets and into offshore, opaque financial structures.Colin...