“This investment in CNHC is part of KuCoin Ventures’ broader strategy of investing in the Web3 infrastructure in the APAC region,” Justin Chou, chief investment officer of KuCoin and lead at KuC...
Tag: offshore
Banking Crisis in U.S. Likely to Push Crypto Firms Offshore
“Bank Frick is reviewing every new onboarding case individually. We apply and have always applied the same strict standards in the crypto area as in the classic banking business. If all necessar...
Voltz Labs CEO: DeFi Innovation Is Moving Offshore Because of US Regulatory Severity
Voltz Labs CEO: DeFi Innovation Is Moving Offshore Because of US Regulatory Severity Voltz Labs Co-founder and CEO Simon Jones talks to Decrypt’s Jason Nelson at ETH Denver about using DeFi for ...
An Offshore Oil Rebound Is Under Way. It’s Lifting These Stocks.
Text size Spending on offshore oil drilling is expected to rise in coming years. Carina Johansen/Bloomberg Offshore oil drilling has been growing slowly in recent years as energy companies have hesita...
An Emirati businessman recurs in the Adani group’s offshore dealings
Within the corporate network of India’s Adani group, the names of some people pop up again and again, linked to multiple offshore entities of unclear purpose or labyrinthine structure. In the wake of ...
Binance CEO weighs in on the notion of “offshore” crypto businesses
Ad Binance CEO Changpeng Zhao took to Twitter on Feb. 19 to suggest that differentiating between on-shore and off-shore businesses constitutes a false distinction. Zhao posted his comments in response...
BlockFi appeals to cancel bankruptcy status for SBF’s offshore investment vehicle
The consequences of the FTX scandal at the hands of its founder and former CEO, Sam “SBF” Bankman-Fried, continue to surface. On Feb. 17, it was reported that bankrupt crypto lender BlockFi has appea...
High Crypto Taxes in India Remain Unchanged, Using Offshore to Avoid TDS Prohibited
Months of lobbying by Indian and global crypto firms to see if the local tax laws will provide some leeway proved futile. The Indian Finance Minister, in her budget speech for the 2023-24 fiscal, did ...
Boris Johnson’s younger brother just resigned from an Adani-linked investment bank after a $100 billion stock rout amid claims of a shady offshore account
Lord Jo Johnson, younger brother of former British Prime Minister Boris Johnson, has bowed out of a high-profile role with a global investment bank that reportedly has links to the Adani empire. Since...
Banning crypto will send financial innovations offshore
US Banking Committee chairman Senator Sherrod Brown has touted the possibility of banning crypto, but believes that this could force it offshore. In an interview with NBC’s “Meet the press”, Senator B...
Shaw AFB Pilots Want a Better Way to Fly Between Land-Based and Offshore Training Ranges
A 77th Fighter Squadron F-16C launches during the Thunder Over the Midlands Airshow, at Shaw AFB. U.S. Air Force “Wild Weasel” F-16 pilots of the 20th Fighter Wing who specialize in the suppression of...
TrueUSD launches TRON-based stablecoin TCNH pegged to Offshore Chinese Yuan
The TrueUSD (TUSD) team announced the release of a new stablecoin, TCNH, linked to the Offshore Chinese Yuan (CNH) at a 1:1 ratio. In particular, TCNH will be deployed on the TRON (TRX) blockchain, wh...
TrueUSD Launches TCNH, a TRON-Based Stablecoin Pegged to Offshore Chinese Yuan
– Advertisement – San Francisco, United States, 15th December, 2022, Chainwire We are thrilled to announce that the TrueUSD team is launching a new product called TCNH, which is a stableco...
California offshore wind auction surpasses $757 million in bids
Offshore wind farm. davee hughes uk | Moment | Getty Images The Biden administration on Wednesday announced more than $757 million in winning bids for its auction of offshore wind development rights i...
Tether adds offshore Chinese Yuan to Tron blockchain
Tether Operations Limited (Tether) is a company that actively operates the blockchain-aided platform tether.to. The entity has taken the opportunity to make its formal announcement that they have succ...
Tether launches offshore Chinese Yuan on TRON
The cryptocurrency sector is still reeling from the consequences of the collapse of the crypto trading platform FTX, which was once among the top crypto exchanges in the world, and TRON (TRX) is no di...
EU financial regulator to address off-shore crypto companies
In light of FTX’s collapse, activities of off-shore crypto companies operating in the EU are under a microscope for the bloc’s regulators. The European Securities and Markets Authority is ...
43 Companies to Compete For Five California Offshore Wind Leases
Wind turbines at the London Array offshore wind park near England, United Kingdom. Unlike this … [+] offshore wind facility, California’s offshore wind will need to use turbines that float...
After years as nuclear powerhouse, France makes play in offshore wind
This image, from Sept. 2022, shows French President Emmanuel Macron speaking with workers on board a boat during a visit to the Saint-Nazaire Offshore Wind Farm. Stephane Mahe | AFP | Getty Images A f...
Offshore floating desalination plant aims to produce drinking water from the ocean
Ocean Oasis’ Gaia system has been designed to use wave power to desalinate water. Ocean Oasis Plans to use marine energy to desalinate water received a further boost this week, after a Norwegian...
Wells Fargo, HSBC Add Offshore Yuan to Blockchain Foreign-Exchange System
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Unclear regulations drove 95% of trading activity offshore: Coinbase CEO
Coinbase CEO Brian Armstrong was not delighted with the news about the United States regulators looking into FTX.US along with Coinbase and Binance.US in the wake of the FTX crisis. Armstrong said tha...
Lack of Regulatory Clarity Pushed 95% of Trading Activities Offshore
While no particular country has gotten a perfect check when it comes to the evolution of digital currencies, some nations are arguably more advanced in terms of the regulation governing the industry t...
Onshore & Offshore Diverge As Hong Kong Short Interest Rises
China Last Night KraneShares Key News Asian equities were down overnight while the three markets that were closed Monday South Korea, Japan, Malaysia, and Taiwan played catch up to the downside as Chi...
Japan Tax Cut on Offshore Cash Seen as Option to Support Yen
(Bloomberg) — A tax cut on capital shifted back to Japan from overseas subsidiaries may help stem the yen’s rapid depreciation, some economists say. Most Read from Bloomberg Reducing the tax app...
U.S. Gearing Up For Offshore Storage By Establishing Rules Of The Game
Emily Pickrell, UH Energy Scholar 378913 01: Pennzenergy Company Oil Exploration Drilling Rig In The Gulf Of Mexico During Sunset. … [+] (Photo By Getty Images) Getty Images We are still in the ...
A Country You’ve Never Heard Of Is Sitting On A Massive Offshore Field That Can Replace Russian Gas
This year has brought unrivaled chaos to the global natural gas market. Russia’s weaponization of its European gas pipelines has left the continent scrambling for energy alternatives, and their urgent...
Coinbase CEO Criticized Suggesting Crypto Industry is ‘Moving Offshore’
Coinbase CEO Brian Armstrong has suggested that regulation by enforcement is forcing the industry offshore, but his comments have agitated sections of the crypto community. Armstrong’s comments came i...
Binance CEO Responds To Offshore Regulation Comments By Kraken CEO
Changpeng Zhao responded to Jesse Powell’s recent comments regarding crypto regulation. The Kraken CEO highlighted the inconsistency in the regulation of offshore crypto entities by U.S regulators. CZ...