Who Loses, Who Wins After China’s Crackdown On Cryptocurrencies
When cryptocurrencies were launched in late 1990s it might have been just something more than a hobby for many or us, but its immense potentiality has lately started to catch eyes of mainstream financial institutions as well as professionals, and as an aftermath the world's first Bitcoin exchange-traded fund (ETF) is learned to be getting started later this year.
The vision behind ETF is of the Winklevoss twins. They are more known for involvement in Facebook Inc.
Undoubtedly the popularity of Bitcoin has grown several folds over a decade. Prospects and clients have been showering tons and tons of questions. Financial advisors are facing tough situations answering those and taking decisions. The most common questions are whether there exists any tax or legal issues in one's jurisdict...