A financial crisis—whether triggered by a recession, market downturn, or global event—can shake any business to its core. While focusing solely on cash flow and cost-cutting is tempting, legal protection is just as crucial. You could face lawsuits, penalties, or regulatory issues without proper precautions. Working with experienced attorneys in Orlando, Florida can help ensure you make smart legal moves during uncertain times. Here’s how to legally protect your business during a financial crisis, step by step. 1. Review All Contracts and Agreements Start by reviewing your key business contracts—leases, supplier agreements, service contracts, employment agreements, and client contracts. Look …
Author: Sissy Hall
Leading the Crypto Regulation is Switzerland
The entire cryptocurrency market has lost two-thirds of its value within a short time. In addition, there are various breakdowns at crypto service providers such as crypto wallets like metamask and coinbase (check out the metamask vs coinbase wallet for opensea comparison here). What does that mean? The current crisis in the crypto market even has something good, says Urban Angehrn, head of the Swiss financial market supervisory authority Finma. “This crisis, if it really is one, is a salutary moment for this industry to let go of the hot air.” In his opinion, however, this is by no …
How to Tax Cryptocurrencies the Right Way
Despite unpredictable and sometimes violent price fluctuations in Bitcoin, digital money finds buyers, especially those who discovered the power of Bitcoin360. But how do any profits have to be taxed? The good news: Capital gains on cryptocurrencies – also called virtual currencies – can be completely tax-free under certain circumstances. Investment in cryptos: no investment for tax purposes Whether Bitcoin, Ethereum, Ripple, or Cardano: What was once ridiculed as “play money” has long since become a serious alternative to stocks, bonds, or gold for many. But an investment in cryptos is not considered an investment for tax purposes, as …