EU removes this crypto hotspot from tax haven blacklist, clearing path for fu...

EU removes this crypto hotspot from tax haven blacklist, clearing path for fu...

Yet, the biggest crypto hub remains on the blacklist. The EU decided to remove Cayman Islands from its blacklist of tax heavens on Tuesday.The Cayman Islands is a popular jurisdiction for crypto businesses. It was added to the EU's blacklist in February of this year, so it has spent fewer than six months on the list. In 2019, the six exchanges domiciled there were responsible for over $1.5 billion in international Bitcoin (BTC) transactions.Though these numbers pale in comparison to the global leader — the Seychelles, whose 12 exchanges were responsible for $36 billion, the Seychelles....


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