There are several developed and emerging markets with cryptocurrency platforms operating within their jurisdictions. In these jurisdictions, cryptocurrency-based transfers are becoming increasingly common and are used to transact on a day to day basis. This week’s article will focus on cryptocurrencies and whether they are considered a security within the …
Globally, as at November 7, 2020, there were over 6,700 types of cryptocurrencies including, Bitcoin, the most popular digital currency, which currently trades at USD$15,014.90. This amounts to approximately TTD$101,964.75. At the beginning of the fourth quarter of 2020, cryptocurrencies recorded a cumulative market capitalisation of USD$237.1 billion. Despite this, …
Over the years market actors have been evolving their products and services to keep abreast of changes in the securities market. This is necessary to meet the increasing demands of investors for various types of securities. In this article, we will explain what is a security and also discuss the …
