Benson Formations

Dubai becomes more crypto-friendly

The Dubai Multi Commodities Center (DMCC), a renowned economic free zone in Dubai is to allow licensing for firms that offering, issuing, listing and trading crypto assets. The licenses will be offered by the specialized DMCC Crypto Center after being pre-screened by the Securities and Commodities Authority (SCA). The move is seen as a step […]

3 + 5 Cryptocurrency tax friendly countries

In a digital era of the 21st century, cryptocurrencies such as bitcoin, ethereum, ripple or litecoin, have become a newborn alternative and universal currency without the need of attachment to any particular state. It caught countries throughout the world by surprise and since there is no universal regulatory response, the states themselves started to legalise […]