WeInvest Capital Partners provides deal analysis, financial due diligence and valuation services to the benefit of regulated management companies having funds investing in Private Equity and Real Estate alternative assets.
The Dutch Fiscal Information and Investigation Service (FIOD), Europol and Luxembourg authorities have clamped down Bestmixer.io, a large cryptocurrency mixing service.
A cryptocurrency mixing service is a service offered to mix potentially identifiable or ‘tainted’ cryptocurrency funds with others, so as to obscure the trail back to the fund’s original source.
Luxembourg lawmakers have approved a regulatory framework to grant transactions done with blockchain technology the same legal status as traditional ones.
The framework, bill 7363, was sent to the legislative last year by Finance Minister Pierre Gramegna. The lawmakers have now passed the bill into law with 58 yes and 2 no from two members of the left-wing party déi Lénk.
Based in Luxembourg, VNX Exchange is creating a regulatory-compliant marketplace and trading platform for tokenized venture capital assets to link investors and venture capitalists in search of liquidity.
The Luxembourg House of Financial Technology (LHoFT) has partnered with the University of Luxembourg to collaborate on projects within the field of FinTech for the benefit of Luxembourg’s financial services community.
The LHoFT is a new public-private sector initiative dedicated to advancing Luxembourg’s ambitions in financial technology.
Luxembourg Finance Minister Pierre Gramegna said that cryptocurrencies are here to stay.
During an event in Hong Kong, Gramegna was asked about possible new regulations on the European Union level pertaining to cryptocurrencies. He replied by saying that “cryptocurrencies are here to stay because they are convenient and that they bring added services.”