Hong Kong proposes tax breaks to attract crypto hedge funds, investors
Hong Kongs move to exempt crypto gains from taxes targets hedge funds and family offices in a bid to boost its competitiveness.
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Hong Kongs move to exempt crypto gains from taxes targets hedge funds and family offices in a bid to boost its competitiveness.
According to Steven Lubka, the head of private clients and family offices, as well as the managing director at Swan Bitcoin, wealthy investors and private offices have been gravitating towards bitcoin since the downfall of Silicon Valley Bank (SVB). Lubka stated that his firm has also observed “corporations engaging in treasury diversification” and emphasized that
The post Wealthy Investors and Family Offices Embrace BTC Following Bank Failures, Says Swan Bitcoin Executive appeared first on BTC Ethereum Crypto Currency Blog.
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