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EU removes this crypto hotspot from tax haven blacklist, clearing path for further adoption

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.

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Source: Cryptocurrency - investing.com

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