Crypto-Friendly Hong Kong Offers Tax Exemptions to Attract Hedge Funds and Family Offices

Crypto-Friendly Hong Kong Offers Tax Exemptions to Attract Hedge Funds and Family Offices

Source: Bitcoinist Hong Kong has recently announced a bold move to strengthen its position as a global financial hub, particularly in the cryptocurrency sector. In a recent proposal, the Financial Services and Treasury Bureau in Hong Kong has suggested “waiving capital gains tax” on investments in cryptocurrencies and other alternative assets for hedge funds, private…

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Oil rises 2% amid concerns over Middle East supply disruptions; brent crude at .42/bbl | Stock Market News

Oil rises 2% amid concerns over Middle East supply disruptions; brent crude at $75.42/bbl | Stock Market News

Source: Live Mint Oil prices increased on Thursday as investors grew concerned that an escalating conflict in the Middle East could potentially disrupt crude oil shipments from the region. However, gains were limited by an improved global supply outlook. By 1211 GMT, Brent crude futures had risen by $1.52, or 2.06%, to $75.42 per barrel,…

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Gold price today: Rates jump on positive global cues; US jobs data in focus; experts unveil strategy for MCX Gold | Stock Market News

Gold price today: Rates jump on positive global cues; US jobs data in focus; experts unveil strategy for MCX Gold | Stock Market News

Source: Live Mint Gold price today: Gold rates climbed in the domestic futures market in the morning session on Friday, January 10, amid positive global cues. However, rising US bond yields and a strengthening US dollar capped the precious metal’s gains. MCX Gold traded 0.22 per cent higher at ₹78,272 per 10 grama around 9:15…

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Florida Holds 0 Million In Crypto-Related Investments, Says CFO Patronis | TheSpuzz

Florida Holds $800 Million In Crypto-Related Investments, Says CFO Patronis | TheSpuzz

Source: Bitcoinist In a recent interview with CNBC, Florida’s Chief Financial Officer, Jimmy Patronis, outlined the state’s increasing commitment to crypto investments. This comes in light of his recent directive urging pension fund managers to explore Bitcoin as a potential strategic reserve asset.  ‘Crypto Is Not Going Anywhere’ During the interview, Patronis expressed confidence in…

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