Cryptocurrencies are digital or virtual currencies that use encryption techniques to secure and verify transactions and to control the creation of new units. They operate independently of central banks and are decentralized, meaning they are not backed by any physical commodity or government authority.
The most well-known cryptocurrency is Bitcoin, which was created in 2009. Since then, thousands of other cryptocurrencies have emerged, including Ethereum, Ripple, Litecoin, and Bitcoin Cash, among many others.
Cryptocurrencies are created through a process called mining, which involves solving complex mathematical algorithms using powerful computers. Transactions involving cryptocurrencies are recorded on a public ledger called the blockchain, which is a decentralized database that is maintained by a network of users.
The value of cryptocurrencies is largely determined by supply and demand in the market. Because they are decentralized and not backed by any physical asset, their value can be highly volatile and subject to fluctuations. Some people use cryptocurrencies as a store of value or as a means of exchange, while others view them as speculative investments.
Equities are the same as stocks, which are shares in a company. That means if you buy stocks, you’re buying equities. That means you’re a partial owner of shares in your company..
Cryptocurrencies are digital assets people use as investments and for online purchases. You exchange currency, like dollars, to buy “coins” or “tokens” of a certain kind of cryptocurrency.
Offshore funds are mutual fund schemes investing in international markets. These funds invest in international markets either directly or have the option to invest in other funds in those markets.
Funds management is the overseeing and handling of a financial institution's cash flow. The fund manager ensures that the maturity schedules of the deposits coincide with demand for loans.
Asset management is the practice of increasing total wealth over time by acquiring, maintaining, and trading investments that have the potential to grow in value.
Wealth management is an investment advisory service that combines financial services such as investment advice & estate planning to meet the needs of clients.
