Tag: Capital

Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption

Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and […]

China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year

China Saw .4 Billion in Crypto-Based Capital Flight Last Year On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $ 11.4 […]

Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested

Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. […]

Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money

Capital Controls in Argentina Demonstrate Dangers of Government-Controlled Money The current financial system, with governments and central banks controlling the flow of money, creates impediments for people’s economic freedom. Among them is the danger that the ruling class will try to hide its mismanagement of the country’s affairs by preventing […]

University of Michigan Endowment Backs Crypto Venture Capital Fund

University of Michigan Endowment Backs Crypto Venture Capital Fund The financial endowment fund of the University of Michigan, one of the oldest and most established academic institutions in the U.S., is the latest institutional investor revealed to have entered the cryptocurrency ecosystem. Its endowment is backing a crypto venture capital […]