A Detailed Comparison of Initial Offering Structures
Traditional finance allows startups to raise funds through specific methods, including but not limited to taking investments from angel investors or VCs, going public through initial public offerings (IPOs), or obtaining loans from the shareholders or accredited institutions. However, blockchain technologies introduced new crowdfunding models, which paved the way for the blockchain startups to raise …
Read more →Crypto Taxes in Different Jurisdictions -II
Many countries have entered a busy period in tax payments, especially crypto investors, due to the arrival of the tax period. Our latest article has examined three jurisdictions, the United States, Canada, and Germany, regarding how they determine cryptocurrencies legally and approach crypto taxation. This article examines the legal status of cryptocurrencies and their place …
Read more →Singapore Crypto News: Change of Plans Alert
Singapore has adopted a relatively neutral approach regarding the operations of crypto firms until 2022. This policy and the contribution of significant financial actors such as DBS Bank enabled Singapore to become a ‘crypto hub’ for the industry.1The strictly conservative manner adopted in China has also led Singapore to be one of the best options …
Read more →Crypto Taxes in Different Jurisdictions -I
Cryptocurrency-related investment options have increasingly been chosen over other investment alternatives within the past few years. Due to the sudden increase in its use and fluctuations in prices, it is inevitable for lawmakers to regulate this area to control the financing and verification with the laws such as AML, KYC, and taxation. In this context, …
Read more →European Union: New Strict Rules on Cryptocurrencies
The European Union (the “EU”) has always been strict about tracing money flow and regulating anti-money laundering, terrorist financing, and other crimes. Undoubtedly, it also aims to control cryptocurrency activities, which has been a grey area within different jurisdictions. Although it was argued that the EU would ban cryptocurrencies that are proof of work-based last …
Read more →A Trust and Liability Analysis: Ronin Hack
Blockchain has been widely deployed in almost every industry, all of which benefit from blockchain’s decentralized, transparent, trustless, immutable, and fully distributed peer-to-peer architecture. Every blockchain project revolves around three core elements: decentralization, security, and scalability depending on its vision and priorities. Many blockchain projects aiming for global adoption strive to achieve and maximize all …
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