Desfran Research Team

The Evolution of Digital Assets: A Journey from the Past to the Future

Digital assets have come a long way since their inception, transforming the way we perceive and interact with value in the digital realm. From the early days of cryptocurrencies to the advent of blockchain technology, the evolution of digital assets has been revolutionary. This article explores the significant milestones and trends that have shaped digital …

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Are Offshore Banks Safe?

Offshore banking is popular amongst individuals and businesses around the world. Banking offshore allows for greater privacy and can assist in reducing one’s tax burden. Despite the many benefits, many still doubt the safety and security of offshore banking, which is a perfectly reasonable question. Objectively speaking, offshore banking is safe. During the Great Recession, …

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UAE to Introduce Corporate Tax in 2023

Many have enjoyed the zero-income tax on profits in UAE. However, this is soon to be changed, with the Ministry of Finance (MOF) announcing on 31 January 2022 that federal corporate income tax (CIT) will be made known in the UAE. CIT is expected to take place for fiscal years starting on or after 1 …

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What is Payment Gateway?

In an era where online media has become the core of the business world, online payment (payment gateway) is one of the important systems that will allow for easier trading. If you have a service, product or tool that you would like to market, you promote and create the website to present the product in …

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What’s the Cryptocurrency Situation like in India?

As we all know, cryptocurrency is a form of virtual currency that stores data on a digital ledger, also known as Blockchain. The function of cryptocurrency made it easier for many individuals, there by eliminating the need for financial institutions. Nevertheless, these de-centralised features also make it difficult for the government to trace any illegal …

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Analysis of the Amendments to the Listing Rules of Hong Kong Companies

The Hong Kong Stock Exchange (HKEX) has announced rule revisions, most of which will take effect from January 1, 2022. Amendments to the Main Board Listing Rules Strengthen and Simplify the Listing Regime for Overseas Issuers  After the consultation process in 2021, the Hong Kong Stock Exchange has adjusted the listing conditions for overseas persons …

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Metaverse, an Alternate Universe for the Gaming Industry?

There is a feeling of inevitability about the uprising of the metaverse, which is often referred to as “Web 3.0.” Despite being far from a unified concept, many would agree that we are collectively colliding towards greater participation in simulated worlds that are even more limitless than our real one. While metaverse may seem like …

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Understanding the Cryptoasset Landscape in Singapore

Rules and regulations governing the cryptoassets Businesses that accept money to transmit to persons outside of Singapore or deals with fiat currency exchanges has always been licensed under the Money-Changing and Remittance Businesses Act. However, since early 2020, the licensing of these two activities falls under the Payment Services Act (PSA) regime. From then onwards, …

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Omnichannel and Multichannel: Which is better for your business?

Many understand the terms of Omnichannel and Multichannel, but simply can’t tell the difference in function. The key difference for omnichannel and multichannel is client experience, based on how a company can interact with clients through its representatives, its products and the decisions made anywhere in between from having a product to closing a deal. …

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A Comparison Between Belize Trust and Nevis Trust

Trusts are commonly used to protect the interests of young or vulnerable children who may not be able to handle their own financial affairs. Trusts can also be used as an avenue to pass wealth through generations and help protect your assets from creditors or in the event of divorce proceedings. In the past, trust …

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