Digital Assets

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Research reveals 11 per cent of UK adults are contemplating first cryptocurrency purchase

Research reveals 11 per cent of UK adults are contemplating first cryptocurrency purchase

New research from UK-based money app Ziglu reveals that 11 per cent of UK adults are contemplating buying cryptocurrencies for the first time over the next 12 months. Some 3 per cent - around 1.57 million people – say they will definitely buy their first cryptocurrencies in the next 12 months, and 8 per cent - 4.2 million people – say it is quite likely they will do this.

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The rise of the crypto-asset: practical advice for trustees

The rise of the crypto-asset: practical advice for trustees

By David Cooney (pictured), Group Partner, Collas Crill – There are thousands of crypto-assets (or cryptocurrencies, as they are also known) in existence, the most established being bitcoin. There is no single definition of  crypto-assets, but it can be broadly defined as a digital ticket which exists on a virtual ledger with decentralised control. Most forms of cryptocurrency use a private-public key. The public key is used to send cryptocurrency and the private key is used to access those funds.

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Asset protection in the digital 'Wild West'

Asset protection in the digital 'Wild West'

By Hilesh Chavda (pictured), a private client partner with city law firm Spencer West – Digital assets are an integral part of our lives and will become even more so in the coming years. But it is a regulatory Wild West out there which makes it difficult for anyone, especially executors and trustees charged with safeguarding and managing assets to deal with digital assets.

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Smart investors are offsetting crypto risk by diversifying with lower-risk and ethical investments, says Plum

Smart investors are offsetting crypto risk by diversifying with lower-risk and ethical investments, says Plum

European money management fintech Plum has shared new data on how its customers are reacting to the current hype around cryptocurrencies. The highly volatile asset class has seen increasing popularity among Plum customers since October, with many choosing to diversify their portfolio further to balance out the risk.