private equity – DIGIT INFO

Hong Kong proposes tax breaks to attract crypto hedge funds, investors

DIGIT — Thu, 28 Nov 2024 09:25:25 +0000

Hong Kong’s move to exempt crypto gains from taxes targets hedge funds and family offices, boosting its competitiveness.

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Mark Cuban Warns Kamala Harris’ Unrealized Gains Tax Will Kill Stock Market

DIGIT — Sun, 08 Sep 2024 01:46:19 +0000

Billionaire Mark Cuban warned that taxing unrealized gains would “kill” the stock market but believes Vice President Kamala Harris would not prioritize this policy. While Harris supports parts of President Biden’s tax plan, Cuban emphasized it is not her final stance. He also raised concerns about the policy’s impact on early-stage companies struggling with cash […]

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‘Killer use case’: Citi says trillions in assets could be tokenized by 2030

DIGIT — Fri, 31 Mar 2023 00:59:01 +0000

The bank predicts the private equity market to become the most “tokenized” asset class because it is more liquid and can be fractionalized.

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First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

DIGIT — Mon, 27 Mar 2023 20:30:05 +0000

According to the Federal Deposit Insurance Corporation (FDIC), the troubled bank Silicon Valley Bank (SVB) was acquired by First Citizens Bank & Trust Company, which is based in Raleigh, North Carolina. First Citizens acquired all deposits and loans from SVB, as well as the 17 branches that SVB owned across the United States. Silicon Valley […]

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Bitcoin.com, Danal Japan and ALLEX Partner up to Offer BCH Payment Services

DIGIT — Fri, 07 Feb 2020 10:30:12 +0000

We are pleased to announce that a business alliance has been concluded among the three companies in order to implement the payment services by BCH.

Enhancement of Bitcoin Cash (BCH) payment service, which is used for payments at EC sites and restaurants, is cheaper than existing payment methods. It’s advantages are low fees, quick and easy transactions, and excellent convenience. The number of companies that implement coin-to-coin cash (BCH) payments is increasing every year.

The post Bitcoin.com, Danal Japan and ALLEX Partner up to Offer BCH Payment Services appeared first on Bitcoin News.

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PR: Debut of USDD – A Stable Coin That Pays You Interest

DIGIT — Fri, 26 Oct 2018 09:30:02 +0000

USDD – The world’s first dollar-backed and interest-bearing stable coin, with interest payments every 24 hours, will be officially released on October 31st by 55 Global Markets. The USDD value is 100% supported by a US dollar reserve, funds are held in trust for the benefit of tokenholders by PrimeTrust as trustee, a third-party trust company that has relationships with major US banks. Cohen & Company, a third-party independent accounting firm will conduct monthly examinations of management’s Trust Holdings Report in accordance with Statements on Standards for Attestation Engagements established by the American Institute of Certified Public Accountants. USDD supports highly efficient purchases and redemptions based on the 55 OTC market and DaoCoin infrastructure.

The post PR: Debut of USDD – A Stable Coin That Pays You Interest appeared first on Bitcoin News.

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SEC Suspends Trading of Three Companies With Ties to Cryptocurrency

DIGIT — Sat, 17 Feb 2018 10:06:45 +0000

The U.S. Securities and Exchange Commission (SEC) has suspended trading in the stocks of three companies with ties to cryptocurrency. One of the three is also planning an initial coin offering. The SEC says it is concerned about the nature of the companies’ business operations and the value of their assets. Also read: Japan’s DMM Bitcoin […]

The post SEC Suspends Trading of Three Companies With Ties to Cryptocurrency appeared first on Bitcoin News.

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