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How to Choose a Cryptocurrency

With a large number of cryptocurrencies on the market today, it’s unsurprising that choosing which to invest in can be overwhelming. The best place to start is by looking at the altcoins most often talked about by experts. It’s easy to see a trending cryptocurrency, and invest in it whilst it’s highly priced, but have

Do I Need a Crypto Licence?

In the world of cryptocurrency, there’s no shortage of confusing, vague and sometimes contradictory guidelines. The same goes for cryptoasset licencing, so we’re here to set the record straight. In the UK, financial transactions with cryptocurrencies are regulated. This means all companies planning to provide crypto services in the UK must register with the Financial

10 Popular Types of Cryptocurrency

When Bitcoin launched in 2009, the cryptocurrency trendsetter had little to no competition. Fast forward to over a decade later, and digital currency has captured the entire world, with more types of cryptocurrencies inspiring even more followers. While Bitcoin continues to lead the pack in terms of popularity, it’s essential to look at other virtual

Euro Pacific Bank Suspension

Individuals and companies across the world have been caught up in the investigation into suspected tax evasion and money laundering involving Euro Pacific Bank, Puerto Rico. After the conclusion of an investigation by Joint Chiefs of Global Tax Enforcements, the bank was deregistered by the Puerto Rican authorities in June 2022. For those individuals based

How to protect yourself against the volatile currency market with an offshore bank account

As the pound falls to an all-time low against the American dollar, many people aren’t aware that offshore bank accounts can potentially mitigate against financial exposure through volatile exchange rates. There are several countries where British nationals can open bank accounts that offer the ability to hold multi-currencies. This provides flexibility – and peace of

Protecting your assets during a divorce (so you don’t find yourself in Sylvester Stallone’s Position)

Hollywood legend Sylvester Stallone and his wife Jennifer Flavin have hit the headlines after she filed for divorce. Within the divorce petition, Ms Flavin has claimed Sylvester Stallone ‘’has engaged in the intentional dissipation, depletion and/or waste of marital assets which has had an adverse economic impact on the marital estate. “Moreover, the Husband should

The Role of Crypto in the Russia-Ukraine War

The role of cryptocurrencies like bitcoin has been a topic of discussion during the Russian invasion of Ukraine, particularly due to the economic sanctions placed on Russia. Cryptocurrencies are also playing a role in helping Ukrainian refugees move money out of the country due to their ability to cross borders regardless of rules or regulations. 

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.