Tax Havens Are Becoming a Hotbed for ICO Projects

If one considers the cryptocurrency sector, no other topic than Initial Coin Offerings ( ICOs ) has got governments and countries more divided. While major jurisdictions have completely shut out the controversial fundraising method, tax havens have seemingly fully embraced the concept, and are reaping the rewards. The Isle of Man’s Newfound Appeal
To understand why, take the example of Zac Cheah, the founder of blockchain-based payments company PundiX .
In 2017, Cheah was looking to launch an I…

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