The 2018 CBI Index – a special report published by the Financial Times’ Professional Wealth Management magazine – have revealed that some countries offering second citizenship programmes are preparing for the cyber age by considering investment via cryptocurrency, and that a majority of these countries are utilising technology to improve their due diligence measures.
Cryptocurrency & CBI
2017 and 2018 saw the rise of cryptocurrency – virtual currencies that enable financial transactions between persons without the need for banks, or other centralised financial intermediaries. Crucially, cryptocurrencies allow secure transactions through advanced cryptography recorded on a blockchain ledger.
As with many new technologies, there has been hesitation in the industry as to whether to allow investment via cryptocurrency.…Continue reading