2018 may be the year in which new regulatory measures regarding cryptocurrencies will be implemented. While some countries welcome it, others are cautious and apprehensive about cryptocurrency technology and how it is going to affect the world of business and finances.
Because current virtual currencies, including the most popular Bitcoin, operate outside of the conventional financial system, regulators are concerned about money laundering, terrorist financing, tax evasion, fraud and others illicit activities. The anonymity that makes cryptocurrencies attractive to users has thus raised concerns among the regulatory agencies in the United States and abroad. Countries with large cryptocurrency markets fear that widespread tax noncompliance may exist among cryptocurrency users.
Within the coming months, the US tax authorities will review the valuation, regulation and taxation of cryptocurrencies in order to effectively monitor and understand the various aspects and results of the use of cryptocurrency technology.
HAYMAN-WOODWARD CORP is a holding group of a variety of companies, including business advisory, compliance, business development intelligence consulting, banking and wealth management, family office, aviation, foodservice and others. The group has more than twenty years experience in supporting companies and individuals in their challenges to build value across borders. We have a team of experts in many industry segments in 6 offices around the world, to fully assist our clients.
HAYMAN-WOODWARD’s global network of professionals, provide: Family Office Services, Tax Advisory, Technology Management, Business Development Outsourcing, Behavior Analysis & Profiling, and Business Consulting Services. With unparalleled experience across most industry segments since 1996, our team of skilled professionals has delivered valued services in over 100 countries, by assisting our clients in becoming high-performance and efficient entrepreneurs, businesses and government entities.
HAYMAN-WOODWARD focuses on managing our clients’ investment portfolios, tax advisories, as well as business development opportunities for clients worldwide, seamlessly bridging cultural gaps and ensuring clients’ continued success in the new market of their choice.
HAYMAN-WOODWARD’s clientele is made up of businesses of all different sizes, from small businesses enterprises to Fortune 1000 companies.
HAYMAN-WOODWARD’s team of professionals and management have a combined 50 years of experience in their fields, and are located in our offices in the United States of America, Asia, Europe and Latin America. The company offers a variety of services to help its customers achieve their maximum ROI and a clear path to profitability in several markets worldwide.