Virtual assets offer various opportunities for the Virgin Islands financial services industry, but they also bring risks and regulatory complications, panellists said last week during the second of two related …
Crypto collapse ‘a chance to take stock’
The recent collapse of Virgin Islands-registered cryptocurrency hedge fund Three Arrows Capital proved to be one of the most dramatic local impacts of the massive sell-off that has been called …
Government crypto partner declares closure, then quickly retracts
LIFELabs, a United Kingdom-based cryptocurrency company that partnered with the Virgin Islands government last year with plans to develop a digital currency known as BVI~LIFE, said last week that it …
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COMMENTARY — ‘Inkberry,’ cryptocurrency draw questions
I note Verna Penn Moll’s description of the local old-fashioned Christmas tree in last week’s opinion page. She says it was the “inkberry” or “fishing rod” tree, which is also …
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Details of Virgin Islands cryptocurrency revealed
A cryptocurrency company that announced a partnership with government in May presented more details of its planned rollout of a digital currency in the Virgin Islands, to be known as …
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COMMENTARY — Crypto deal draws distrust
Somebody please tell me this is a joke? Over the years we have seen sensible investors such as the Rockefellers, Dr. Henry Jarecki and Sir Richard Branson. But many carpetbaggers …
Cryptocurrencies slump after VI trading platform requests tax info
The prices of some of the world’s most high-profile cryptocurrencies have dropped significantly in the past two weeks due in part to cooperation between a cryptocurrency trading platform and the …
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