European Union removes Cayman Islands crypto hotspot from tax haven blacklist

2020-10-7 05:21
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According to the October 6 Cointelegraph, the European Union (EU) has decided to exclude the Cayman Islands from the tax blacklist. The Cayman Islands are a global hub for the cryptocurrency market. It was added to the European Union (EU) blacklist in February this year and blacklisted in less than six months. In 2019, six exchanges were registered with Cayman to earn over $ 1.5 billion in the global bitcoin market.

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