Archive | November, 2017

U.S. Tax Legislation Update

28 Nov
Tax Legislation - Details of Lantern in front of the Library of Congress Thomas Jefferson Building

By now most of you know that pending tax reform legislation is underway. On November 16th, the House of Representatives’ passed its version – HR 1: The Tax Cuts and Jobs Act. Also on November 16, the Senate Finance Committee approved its amendments. Next week we should see the full Senate’s vote. As promised during […]

Bitcoin Investment Trust Announces Record Date for Distribution of Bitcoin Gold

22 Nov
Bitcoin

NEW YORK, Nov. 22, 2017 /PRNewswire/ — Grayscale Investments, LLC, the sponsor (the “Sponsor”) of the Bitcoin Investment Trust (OTCQX: GBTC) (the “Trust”), announced that it has today declared a distribution and established a record date for the distribution of a portion of the rights to Bitcoin Gold tokens currently held by the Trust as a result […]

62 Insane Facts About Bitcoin

17 Nov
Bitcoin Cryptocurrency

Bitcoin is a virtual currency that uses Blockchain technology for secure payments and storing money electronically, without requiring a bank or a person’s name. Satoshi Nakamoto created this cryptocurrency back in 2009. The biggest advantage of Bitcoin is that it’s not under control of central authority, government or private company, so people are free from […]

Why the Isle of Man is NOT a tax haven

16 Nov
beach at Douglas, Isle of Man, at Dawn - Is it a tax haven?

Forty-two years ago when former assessor of income tax Mark Solly published ’The Isle of Man: Anatomy of a Tax Haven’, tax havens were places where there was lower taxation than you had at home, where you could set up your trading company or family trust or even move in yourself. The motivation of those […]

The Financial Centre of the Year (Mena)

15 Nov
Abu Dhabi Global Market (ADGM), the International Financial Centre

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is awarded “The Financial Centre of the Year (MENA)” for 2nd consecutive year by the Global Investor/ISF publication at the annual MENA Capital Markets Summit & Awards in Dubai. This accolade, presided by a prestigious independent panel of industry judges, recognises ADGM for […]

FSDC holds forum to explore monetary and financial issues of Hong Kong

14 Nov
FSDC holds forum to explore monetary and financial issues of Hong Kong

Today’s forum, the 23rd event under the FSDC Practitioner Speakers Series, featured Non-Official Member of the Executive Council, Distinguished Research Fellow of the Lau Chor Tak Institute of Global Economics and Finance at the Chinese University of Hong Kong and Executive Vice President of the China Society for Finance and Banking Mr Joseph Yam. Mr […]

Monaco Selects Gemalto’s Innovative Metal Card to Bring Power of Cryptocurrency to Every Wallet

13 Nov
Cryptocurrency card future - Midnight Blue (Classic plastic card), Ruby Steel, Rose Gold, Space Gray (Platinum metal cards) and Obsidian Black (Limited Edition Platinum metal card)

HONG KONG, Nov. 14, 2017 /PRNewswire/ — Monaco, the pioneering payments and cryptocurrency platform, announced today that it has selected Gemalto to supply innovative card bodies, among which are high-end metal cards for Monaco’s range of Visa Platinum cards. Such cards, coupled with the Monaco app, deliver perfect interbank exchange rates and up to 2% cryptocurrency cashback on all purchases. In the […]

Success of FinTech Hive at DIFC celebrated during Investor Day by tripling programme for 2018

12 Nov
FinTech Hive at DIFC celebrated during Investor Day

Programme finalists presented to audience of 300 investors and stakeholders –     DIFC FinTech Hive to hold two new programmes in 2018 –     Programmes will focus on RegTech and InsurTech FinTech Hive at DIFC, the first-of-its-kind accelerator in the region, concluded its inaugural cycle today with the much-anticipated Investor Day that saw the 11 programme start-ups […]

China-Latin America and the Caribbean International Exposition

11 Nov
The China-Latin America and the Caribbean International Exposition (CLAC Expo) opened at Zhuhai International Convention & Exhibition Center

Creating a new platform for international cooperation and adding to the momentum for co-development ZHUHAI, China, Nov. 11, 2017 /PRNewswire/ — The China–Latin America and the Caribbean International Exposition (CLAC Expo) opened at Zhuhai International Convention & Exhibition Center on the morning of November 9, with 523 companies and organizations from 24 Latin American countries as well as 33 countries from […]

Med-X, Inc. Announces Live Offering To Sell Shares Via Equity Crowdfunding

09 Nov
Technology for Equity Crowdfunding

SEC Qualification Allows Medical Cannabis Innovator To Sell Securities LOS ANGELES, Feb. 9, 2016 /PRNewswire/ — Med-X, Inc. (Med-X) today announced that their Regulation A+ (Reg A+) equity crowdfunding campaign – one of the first of its kind for the medical cannabis industry – is now accepting investment funding beginning at the $420 level or 700 shares. In approximately an […]

Bitcoin Investment Trust Provides Update on Bitcoin Cash Distribution and Remittance of Cash Proceeds

08 Nov
bitcoin investment trust

NEW YORK, Nov. 8, 2017 /PRNewswire/ — Grayscale Investments, LLC, the sponsor (the “Sponsor”) of the Bitcoin Investment Trust (OTCQX: GBTC) (the “Trust”), announced today an update on the planned distribution of the Bitcoin Cash currently held by the Trust to shareholders of record (“Record Date Shareholders”) as of the close of business on November 6, 2017 (the “Record […]