NXT Knowlege

From 20 January, Vietnam has commenced taking applications for licensing for crypto exchanges, but the requirements for licensing have proven eye watering and designed to lock out all but the largest existing traditional operators. Among the requirements are: a minimum capital of approximately US $380 million; ownership stipulations including at least 65% institutional holdings; and at least 35% ownership from two institutional investors who are involved in banking and financ

Predictions markets have seen a huge rise in users with sites like Polymarket and Kalishi raising large funding rounds and experiencing exponential growth. The speed with which these offerings have grown has started to run into regulatory hurdles however, and last Friday, regulators in Tennessee sent a cease-and-desist letter to Polymarkets, Crypto.com and Kalshi, alleging that their predictions markets were in fact unlicensed gambling. The same day Kalshi commenc

The Cayman Islands, with a secure British legal system, safe business environment and tax neutral status, has long been a favoured home to US Hedge funds (35,000+) and crypto companies, and new data from the Cayman Islands General Registry underscores just how much that growth has continued. In 2017, the Cayman Islands legislated into existence the Cayman Foundation in the Foundation Companies Act , a highly flexible corporate structure which could operate to manage wealth an