Tag: Bank account
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More ↗: ESMA Sets New Standards for Crypto Market Oversight: How MiCA Will Change the Landscape and How Businesses Can PrepareESMA Sets New Standards for Crypto Market Oversight: How MiCA Will Change the Landscape and How Businesses Can Prepare
On April 29, 2025, ESMA published guidelines under MiCA to enhance oversight of the crypto market, focusing on a risk-based approach to prevent market abuse.…
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More ↗: MiCA and White Paper: New Requirements for Issuers of Asset-Referenced Tokens and E-Money TokensMiCA and White Paper: New Requirements for Issuers of Asset-Referenced Tokens and E-Money Tokens
The European Union’s Markets in Crypto-Assets Regulation (MiCA) mandates issuers of Asset-Referenced and E-Money Tokens to prepare a legally compliant White Paper before token launch.…
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More ↗: Want to Open a Foreign Account or Company? Without This Check, You’ll Be Rejected: How Due Diligence Works and Why Professional Support Is EssentialWant to Open a Foreign Account or Company? Without This Check, You’ll Be Rejected: How Due Diligence Works and Why Professional Support Is Essential
Opening a foreign account or company requires passing Due Diligence, a critical verification process assessing reliability and fund transparency. Strong compliance cultures prefer rejection over…
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More ↗: The UK Introduces a New Type of Sanction — Director Disqualification. What Does It Mean for Your Business?The UK Introduces a New Type of Sanction — Director Disqualification. What Does It Mean for Your Business?
On April 9, 2025, the UK introduced director disqualification as a new sanction under the Sanctions and Anti-Money Laundering Act. This ban impacts both local…
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More ↗: Only the Legal Will Survive: New Rules in the US and EU Put Digital Payment Projects Under PressureOnly the Legal Will Survive: New Rules in the US and EU Put Digital Payment Projects Under Pressure
New regulations in the US and EU are reshaping digital payments. The US SEC has clarified which digital payment tokens may be exempt from financial…
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More ↗: EU Insurers May Be Required to Hold 100% Capital Against Crypto Holdings. What Does This Mean for MiCA and the Industry?EU Insurers May Be Required to Hold 100% Capital Against Crypto Holdings. What Does This Mean for MiCA and the Industry?
The EIOPA’s new proposal mandates EU insurers to hold 100% capital reserves against crypto investments, addressing the extreme volatility of digital assets. This regulation exceeds…
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More ↗: UK Increases Interest Rates on Overdue Taxes: Time for Businesses to Act ProactivelyUK Increases Interest Rates on Overdue Taxes: Time for Businesses to Act Proactively
Beginning April 6, 2025, the UK will raise interest rates on overdue taxes, with late payments increasing from 2.5% to 4%. Businesses must reassess tax…
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More ↗: Time to Act in Bulgaria: New Tax Thresholds and the Opportunity to Obtain a MiCA LicenseTime to Act in Bulgaria: New Tax Thresholds and the Opportunity to Obtain a MiCA License
Bulgaria’s Parliament has reduced the VAT registration threshold from BGN 166,000 to BGN 100,000 starting April 1, 2025. This change aims to optimize the tax…
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More ↗: Late Company Renewal Abroad: How One Missed Deadline Can Destroy Your BusinessLate Company Renewal Abroad: How One Missed Deadline Can Destroy Your Business
Failure to renew a foreign company can lead to severe consequences, including dissolution, fines, loss of good standing, and frozen bank accounts. Company renewal is…
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More ↗: Best EU Countries for Doing Business in 2025: Where to Establish a Company?Best EU Countries for Doing Business in 2025: Where to Establish a Company?
In 2025, Europe remains attractive for business due to stable economies, low-tax jurisdictions, and access to diverse markets. Key countries like Estonia, the Netherlands, Cyprus,…
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