Invest Offshore Blog

Published: Fri, 02/16/18

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2018-02-11 21:09:10-05
Grayscale Investments Announces Launch of the Grayscale Digital Large Cap Fund

NEW YORK, Feb. 11, 2018 /PRNewswire/ — Grayscale Investments, LLC (“Grayscale”), the sponsor of the Bitcoin Investment Trust (OTCQX: GBTC), the Ethereum Classic Investment Trust and the Zcash Investment Trust, announced today the launch of a new investment vehicle, the Grayscale Digital Large Cap Fund LLC (the “Fund”). The Fund intends to hold the top digital assets by […]

The post Grayscale Investments Announces Launch of the Grayscale Digital Large Cap Fund appeared first on Invest Offshore.

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2018-02-12 22:34:36-05
KPMG Issues Wide-Ranging, Digital Resource Outlining Practical Implications Of U.S. Tax Reform

NEW YORK, Feb. 12, 2018 /PRNewswire/ — When President Trump signed into law H.R.1 in December 2017, it marked the culmination of a lengthy process in pursuit of business tax reform that encompassed more than 20 years. Recognizing that the implementation of the new law could present challenges for corporate taxpayers, KPMG’s Washington National Tax practice today released a digital […]

The post KPMG Issues Wide-Ranging, Digital Resource Outlining Practical Implications Of U.S. Tax Reform appeared first on Invest Offshore.

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2018-02-14 00:49:05-05
INTL FCStone Financial Enhances Its Offshore Mutual Fund Offering Through Agreement with Allfunds Bank

NEW YORK, Feb. 13, 2018 /PRNewswire/ — INTL FCStone Inc. (NASDAQ: INTL) today announced that its wholly owned subsidiary, INTL FCStone Financial Inc. (“the Company”), has entered into an agreement with offshore mutual fund distribution platform Allfunds Bank.  The relationship further enhances the offerings of the Company’s Correspondent Clearing Division, which is now the only U.S.-based clearing firm with access to the […]

The post INTL FCStone Financial Enhances Its Offshore Mutual Fund Offering Through Agreement with Allfunds Bank appeared first on Invest Offshore.

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2018-02-15 00:09:05-05
Total Cryptocurrency Market Capitalization Holds Above $400 Billion

According to data from CoinMarketCap, the total market capitalizations of cryptocurrency market held steady above $400 billion. The sector has rebounded over 50 percent from its low of about $280 billion earlier this month. The price of Major cryptocurrency also bounced back on Monday. According to CoinDesk, bitcoin, the world’s largest cryptocurrency by market cap, rose 7.46 percent […]

The post Total Cryptocurrency Market Capitalization Holds Above $400 Billion appeared first on Invest Offshore.

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2018-02-16 01:38:52-05
Bitcoin Tax Implications and the CRA

There are many players in the world of digital currencies, like LiteCoin, Ripple, PeerCoin and DogeCoin. But in the world of cryptocurrencies, Bitcoin is king! Unfortunately, for many unsuspecting Canadians, investing or trading in Bitcoin could hold a potential risk. It could run you afoul of the Canada Revenue Agency for Bitcoin tax. A WILD […]

The post Bitcoin Tax Implications and the CRA appeared first on Invest Offshore.

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