Description: Published in association with STEP, Crypto Assets in Trusts and Foundations features an in-depth examination of 20 important trust and foundation jurisdictions, shedding light on their respective regulations concerning the holding of crypto assets in wealth management structures. Chapters are authored by well-known experts and follow a unified format, which allows readers to compare and contrast different legal environments and thus enhances the decision-making process. Topics covered include: - the legal status of crypto assets; - pertinent laws; - legal aspects of acquisition and custody; - anti-money laundering obligations; - tax implications; and - documentary requirements. Importantly, the book also features an introductory chapter on crypto assets as property, which covers the key terminology found in this sometimes complex subject. In such a rapidly evolving arena, Crypto Assets in Trusts and Foundations provides a detailed roadmap to navigating the use of this new asset class in trusts and foundations, as well as offering guidance and insight relating to compliance with the respective legal rules. User-friendly and comprehensive, it will make essential reading for trustees, board members of foundations, wealth managers, lawyers, tax professionals, family offices, high-net-worth individuals and, indeed, anyone keen to embrace the emerging landscape of crypto assets.
Review Quotes: To date, technical resources on this subject have been quite limited, so this new publication is a welcome and useful reference guide.