Wences Casares, founder and CEO, Xapo, said it will become global ‘digital gold’
But many companies act without strategy due to a fear of missing out
Panellists explored the potential of cutting-edge technology in a session called Investing at the intersection of technology.
The firm started on a kitchen table in Bodden Town.
The proceeds were split between the Cayman Islands Humane Society and other good causes.
The Ministry of Financial Services supplied detail of the bills ahead of a meeting of the Legislative Assembly on January 30.
One of the priorities of Cayman Finance in 2020 will be working on enhanced messaging and collateral that highlights the important role Cayman plays in global finance, while upholding the highest international standards, the body’s chairman said in a New Year’s message.
Some 60 volunteers from offshore law firm Mourant supported the Cayman Islands community by donating a total of over 180 hours to six local organisations during their annual Away Day, which was held on Thanksgiving Thursday.
The Government of the Cayman Islands has announced its intention to introduce a public register of company beneficial ownership. The move is in anticipation of public registers of beneficial ownership becoming the international standard, and at least implemented by the EU Member States by 2023, the necessary legislative changes are expected to be proposed in 2022, according to Conyers.
A bill is being introduced to strengthen the Cayman Islands beneficial ownership regime. The bill is expected to pass before the end of the year, according to Harneys.