Managers of Wealth Fintech

SEC Division Of Corporate Finance Issues Second No-Action Letter For A Bloakchain Token Issuance

To date, Bitcoin and Ether have avoided being characterized by the SEC

Bitcoin investors face tax crackdown from HMRC

HMRC is looking to work with exchanges when it comes to finding information on people who have been buying and selling crypto

UK taxman demands customer info from crypto exchanges: report

The move follows similar steps from tax authorities elsewhere, most notably the IRS in the U.S., towards recovering unpaid tax on cryptocurrency transactions.

Osirium Technologies Secures Two Annual Contracts For PxM Platform

The AIM-listed company noted the contract with the UK university is an upgrade from Osirium's free of charge PxM Express offering, and is for over 100 devices and covers software and technical support.

SGX regulatory arm to tighten oversight of Singapore market

SGX RegCo's listings disciplinary committee has started hearings against three companies.

Taxing the global digital giants: it’s easier said than done

A taxation system put in place for manufacturing industries and the trade in products seems unable to cope with digital transnational corporations whose services are delivered from anywhere.

Singapore’s Regulator Warns of New Scam Bitcoin Investment Scheme

According to MAS, the scam website referenced fabricated statements falsely attributed to Goh Chok Tong

Kenya’s CMA admits three fintechs to regulatory sandbox

A third fintech firm admitted has elected to remain anonymous, during its three months test period, except to its closed group of test subjects, an option provided by the company to the authority, the CMA said.

FCA provides clarity on current cryptoassets regulation

This includes making the important distinction as to which cryptoassets fall inside the regulatory perimeter clearer.

Taiwan joins Asia digital banking push with three new online licenses

The island’s Financial Supervisory Commission said the digital banking licenses were granted to LINE Financial Taiwan

Al Ahli Bank of Kuwait Partners With EdgeVerve

Somnath Menon, Group Chief Operating Officer - Al Ahli Bank of Kuwait, said, "Robotic Process Automation is part of ABK's digitization strategy to transition to the next level of innovation and technology in banking.

Appleby Assist Global Crypto Investor

Appleby advised on and prepared documentation for XBTO’s license, which is one of only 3 DABA licenses issued to date in Bermuda under the new FinTech regime.

Uncharted Territory: ACCC Concludes Digital Platforms Inquiry With Broad Recommendations For Reform

The ACCC has highlighted what it sees as the ‘special responsibility’ of firms with market power under competition policy and law

SEC expands the circumstances where it deems a digital asset to not be a security

Quarters will be made available in unlimited quantities and at a fixed price set by PoQ.

Chinese fintech firm 9F files for US IPO, seeks to raise $150m

The company, which was set up in Beijing in 2006 by founder and chief executive Sun Lei, who was among China’s first internet finance entrepreneurs, has more than 76.7 million users, with more than 8 million in the Greater Bay Area.

The IRS Is Tracking Down 10,000 Crypto Owners to Pay Back Taxes

Last year, the IRS’s audit division identified cryptocurrencies as one of five areas where taxpayers could easily avoid taxes.

Legal Frontiers in Bermuda - Appleby Global

The Asia-Pacific region has seen a surge of fintech start-ups, service providers, suppliers, investors, consumers and other stakeholders in recent years.

IQ-EQ achieves ISAE 3402 Type II accreditation in the Netherlands

The ISAE Type II report issued to our Netherlands operations confirms the establishment and operation of effectively designed internal controls to achieve specified control objectives.

Facebook to Pay $100 Million for Misleading Investors About the Risks It Faced From Misuse of User Data

Facebook has agreed to pay $100 million to settle the charges.

Circle to Base International Operations From New Bermudan Entity

Circle was granted a ‘Class F’ license under the Bermudan Digital Assets Business Act of 2018, with the Circle describing itself as “the first major crypto finance company” to receive the permit.

Legal,Regulation,Tax & Compliance