While RMI has issued its own digital currency, SOV, it has not implemented any specific regulations governing crypto businesses, making it one of the few remaining unregulated outposts in the world.
Isle of Man gaming license holders enjoy the highest degree of versatility, enabling them to engage in both business-to-customer (B2C) and business-to-business (B2B) activities.
Not unlike the United States, Canada offers a similar federal-level money service business registration through FINTRAC. Also like the US, the federal definition of “money transmitter” is expansive and covers a range of activities
In Switzerland, a financial intermediary refers to either a legal entity or an individual who, for a fee, takes on the responsibility of overseeing or managing assets belonging to third parties.
Liquidity Transport Protocols are an essential part of the DeFI landscape as the protocols facilitate the efficient movement of liquidity between different cryptocurrency exchanges or trading platforms.
A Decentralized Autonomous Organization (DAO) is an organizational structure that operates autonomously through smart contracts and blockchain technology, without the need for a central authority or hierarchical management.
Ripple was designed to facilitate fast, low-cost international money transfers and enable the seamless exchange of different currencies.
Since the advent of Initial Coin Offerings, promoters have sought to sell their tokens through various “funding portals,” the majority of which have ignored or skirted equity crowdfunding regulation. But, as with everything in cryptocurrency, there is significant grey area when crowdsourcing a token sale.
A cryptocurrency airdrop is a distribution of free tokens or coins to holders of a particular cryptocurrency or to individuals who meet certain criteria.