The Play-to-Earn (P2E) industry has significantly grown, fueled by the adoption of non-fungible tokens (NFTs) by institutional investors and retail traders. The NFT market is no longer viewed as JPEGs...
Tag: Islands
Aftermath Islands releases The Lost Kingdom of T’Sara
Much has been said about virtual and augmented reality platforms and the Metaverse over the last few years. Facebook rebranded to Meta, Decentraland sold virtual land plots for tens of thousands of do...
Nexo sues Cayman Islands financial regulator over VASP license
The same week that Bulgarian authorities were raiding Nexo’s offices and indicting four individuals for charges related to money laundering, the crypto lender filed suit in the Cayman Islands. In a do...
Nexo sues Cayman Islands regulator over rejected license
Crypto lending platform Nexo is suing the Cayman Islands regulator for denying the firm a virtual asset license. Nexo, which only last week saw its office in Bulgaria raided by 300 police and ha...
Marshall Islands Passed Decentralized Autonomous Organizations Act
Crypto regulations remained among the hot topics around the space and it holds debatable points for both its support and opposition. Recently Brazil was reported to pass the law making bitcoin (BTC) p...
Marshall Islands Plans to Formalize for-Profit DAOs
The interconnected global economy encourages smaller territories to develop economic niches. Unable to compete with the natural resources or hard power of larger nations, smaller countries have to spe...
Marshall Islands legally recognizes DAOs as domestic limited liability companies
The Republic of the Marshall Islands, an independent island state located in the Pacific Ocean near the Equator, has announced that the Decentralized Autonomous Organizations Act of 2022 has officiall...
DAOs recognized as LLCs in Marshall Islands
The government of the Marshall Islands has passed an act that legally designates DAOs as recognized limited liability companies. The pacific island nation was the first country to recognize Decentral...
Marshall Islands passes law recognizing DAOs as legal entities
The Republic of the Marshall Islands (RMI) announced on Dec. 22 that it had enacted the Decentralized Autonomous Organizations Act of 2022. The law formally recognizes DAOs and allows legal entities r...
The Marshall Islands Wants Money-making DAOs To Call It Home
The Marshall Islands is taking a notable step forward in terms of regulating DAOs: legally recognizing both nonprofit and for-profit versions of the autonomous organizations like limited liability com...
DAOs recognized as limited liability companies by the Marshall Islands
The Republic of the Marshall Islands passed a law providing recognition of DAOs as limited liability companies (LLCs) The Pacific island nation passed the Decentralized Autonomous Organizations ...
Is The U.S. Virgin Islands A Safe Place To Invest?
Earlier this year I observed that the U.S. Virgin Islands’ Water and Power Authority (WAPA) was foolishly emulating the strategy of Puerto Rico’s sclerotic energy authority, PREPA, of running up debt,...
Epstein’s Estate Will Pay $105 Million To U.S. Virgin Islands Over Sex Trafficking Claims
Topline Jeffrey Epstein’s estate agreed to pay $105 million to the U.S. Virgin Islands over claims he used the territory to operate his sex trafficking ring under the cover of running a financial firm...
Bermuda Tech Summit Showcases Island’s Innovation and Connects Global Tech Leaders
HAMILTON, Bermuda–(BUSINESS WIRE)–The Bermuda Business Development Agency’s (BDA) first in-person Bermuda Tech Summit since 2019 was hailed a great success. The fourth annual Bermuda Tech Summit was p...
SushiSwap to Create Legal Entities in Panama And Cayman Islands
With regulators displaying greater interest in cryptocurrency, SushiSwap and other DAOs are gearing up to improve their legal structures to avoid unnecessary penalties or lawsuits. On October 26, Sush...
SushiDAO Seeks Shelter in Cayman Islands, Panama
The implementation of the new legal structure received unanimous support from community members DAO members cast 11 million voting tokens in favor of the proposal SushiDAO, the governing body of decen...
Renovi and Aftermath Islands Partners to Launch First NFT Buildathon
Per the announcement, entries to participate in the buildathon will continue until January 9 2023, and the submissions will be judged by a panel of NFT and metaverse veterans. Renovi, a metaverse mark...
Hurricane Ian makes landfall near Sanibel, Captiva Islands, Florida
Hurricane Ian made landfall over the west coast of Florida as a category 4 storm on Wednesday afternoon, according to the National Hurricane Center. The storm greatly intensified as it neared land, re...
Huobi secures regulatory license in the British Virgin Islands
Join Our Telegram channel to stay up to date on breaking news coverage The Financial Services Commission (FSC) in the British Virgin Islands has granted a regulatory license to Huobi, a renowned crypt...
Huobi secures a license in the British Virgin Islands
Join Our Telegram channel to stay up to date on breaking news coverage The Huobi cryptocurrency exchange is seeking to boost its global presence. To achieve this, the exchange has secured a license in...
Huobi Group Secures Regulatory Approval to Trade in the British Virgin Islands
Huobi Group will be one of the first digital assets trading platforms to be given permission to run regulated trading services in the British Virgin Islands (BVI). Brtuomi Worldwide Limited (BWL), a s...
Huobi Group Obtained a License to Operate in the British Virgin Islands
Huobi Group extending its operation of Crypto exchange globally. Huobi’s Thailand affiliate was closed due to its inability to solve systematic issues. Huobi Global is among the leading digital as...
Huobi wins license in the British Virgin Islands, no timeline for the UK yet
Major cryptocurrency exchange Huobi continues to expand its global footprint by entering the British Virgin Islands, a British Overseas Territory. Huobi officially announced on Friday that it had secu...
LootMogul aligns with Aftermath Islands to bring realistic sports-based games and experiences to players around the world
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and tech...
— ‘We Serve Knoxville Not Remote Islands’
Boats in the ‘Vol Navy’ on the Tennessee River with the Knoxville skyline in the background prior to … [+] a 2017 Tennessee Volunteers game. (Photo by Bryan Lynn) Icon Sportswire via...
UK’s Channel Islands Tax Haven Luring Investors into Crypto
While the financial world is hesitant to trade Bitcoin because of the recent market crash, the Channel Islands – several small British Overseas Territories – are quietly offering tax incen...
Crypto prime brokerage Floating Point Group secures VASP registration in Cayman Islands
Crypto-focused prime brokerage Floating Point Group has secured registration as a virtual asset service provider (VASP) in the Cayman Islands. “With our current regulatory posture in the Cayman Island...