(Passing digital assets to heirs can be unnecessarily complicated and time consuming unless you do some of the legwork upfront) Not long ago, digital assets played virtually no role in estate planning. Today, however, leaving an electronic mess can be one of the most costly mistakes in the process. Failing to account for digital assets […]
On September 24, 2021, China’s central bank issued a statement explaining that all virtual currency-related business activities were illegal from that moment on in the country, effectively placing a nationwide ban on cryptocurrency transactions. The announcement came amid a largescale crackdown on the trillion-dollar cryptocurrency industry by the Chinese government. According to the statement, which was published […]