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ARTICLE · 17 JANUARY 2019

3 Key Considerations In Establishing Your Virtual Currency Investment Fund

AGPLAW | A.G. Paphitis & Co. LLC
AGPLAW | A.G. Paphitis & Co. LLC
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With the ever-increasing popularity of cryptocurrency exchanges around the globe it seems that the use of virtual currencies is only set to become the norm in the future.

CyprusTechnology

With the ever-increasing popularity of cryptocurrency exchanges around the globe it seems that the use of virtual currencies is only set to become the norm in the future.

As such, it is no wonder why more and more entrepreneurs are looking to establish investment funds that trade cryptocurrencies If properly executed, these investment funds have the potential to earn billions. However, to be successful in such an endeavor, one should be aware of the 3 key considerations that can affect the success of your investment fund:

  1. the external regulations that will govern the investment fund;
  2. the internal regulations that govern the investment fund; and
  3. the cost of establishing the fund.

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