TAX PORT, COUNTING CERTAIN CARIBBEAN ISLAND NATIONS EXPLORE “CRYPTO HAVEN”
Legislatures of a few areas that are generally thought to be expense safe houses have examined the likelihood of venturing into the universe of blockchain innovation, including through control and non-financial types of advancement. Others, prominently the British region of Bermuda and the Commonwealth nation of Antigua and Barbuda, appear to be enthusiastic about receiving different sorts of rewards from the innovation and the digital money worked on it. A November 23 public statement from the Bermuda Business Development Agency (BDA), for example, reported that the nation’s legislature had propelled an activity “to quicken the foundation and development of computerized money business on the island” with the BDA as an accomplice. This undertaking will appear as two taskforces, the objective of which will be to “propel Bermuda’s administrative condition as a goal for utility tokens, tokenised securities, digital forms of money, and coin offerings.” Is this just a guiltless ende...