Monthly Archives: March 2023

Anbruggen Capital on The Pros and Cons of Crypto Custody

Dubai: Anbruggen.Capital on The Pros and Cons of Crypto Custody

Anbruggen Capital on The Pros and Cons of Crypto Custody

Cryptocurrency is a digital currency maintained in a decentralized system rather than traditional government fiat currency, which is managed via a central bank. About 16 percent of US adults have invested in cryptocurrency, according to a Pew Research report. Because cryptocurrency is decentralized, users can store their crypto assets themselves. However, doing so is seldom the best option. Using a third-party crypto custodian is often more convenient and safe.

Pros of Having a Cryptocurrency Custodian

Here are some reasons to use a cryptocurrency custodian.

You must stay in compliance 

Institutional investors with customer assets of $150,000 or more must store them with a regulated custodian. According to the Securities and Exchange Commission, regulated custodians are banks, savings associations, and registered broker-dealers.

You don’t like dealing with technology

You must set up your own wallet if you don’t use a crypto custodian. Setting up a crypto wallet requires some technological savvy.

 First, you must decide whether you want a software wallet or a “hot wallet’ that stores crypto online or a “cold wallet” or hardware wallet that stores your currency offline. If you choose a “hot wallet,” you’ll download the app and create an account. The app will provide you with a recovery or seed phrase. If you forget the seed phrase, you won’t be able to access your money. If you write down your seed phrase and someone else finds it, they can access your cryptocurrency. A hot wallet typically makes trading crypto fast but can be vulnerable to attacks.

If you choose a “cold wallet,” you must buy the hardware and download its accompanying software. Then you’ll connect the hardware to your computer. You’ll still need to remember a recovery phrase if you lose your hardware wallet, and trading is slower than a cold wallet. However, a hardware wallet is less vulnerable to attacks.

You are a business

A crypto custodian allows you to distribute responsibilities to several different team members and set limits for each of them. Setting up your own wallet does not allow for this scenario.

Cons of Having A Cryptocurrency Custodian

The only disadvantage to having a cryptocurrency custodian is that you must trust the custodian to keep your assets secure and make them available to trade when you want them.

Anbruggen Capital and Crypto

Anbruggen.Capital is a trading and investment firm. Its team has traded in crypto since 2013 and uses systematic research and analysis to invest and trade digital assets. 

Dr. Gregory Finkelson Discusses How to Get a Green Card By Investing in a California Hotel and Restaurant

Dr. Gregory Finkelson Discusses How to Get a Green Card By Investing in a California Hotel and Restaurant

The immigration investment expert recently explained how to get a green card by investing in a California hotel and restaurant.

Dr. Gregory Finkelson is the President of American Corporate Services and the co-chair of the Business Immigration Committee of China Silicon Valley. He immigrated to the United States in 1991 and understands how intimidating the process of acquiring a green card can be.

Recently, Dr. Finkelson discussed how to apply for an “EB-5 green card” and receive one through investing in a hotel and restaurant in Winters, California.

What Is an EB-5 Green Card?

In the United States, a green card is a common term for a Permanent Resident Card. It allows citizens from outside the U.S. to live and work in the country.

The “EB-5 green card” is technically known as the EB-5 visa. It is the United States investor program offering green cards and numerous U.S. benefits to successful applicants.

How American Corporate Services Can Help

Dr. Gregory Finkelson and his team at American Corporate Services are experts in fast document processing and business support for numerous immigration programs.

Finkelson explained that the United States is a proponent of investments in the country’s economy. The government offers benefits and favors business-minded individuals who are ready to invest. Establishing a business gives immigrants a unique opportunity to establish themselves in the United States.

American Corporate Services (ACS) offers a variety of programs to help business people and their loved ones find ways to immigrate. The following are a few of the many services offered:

  • ACS will set you up with an attorney for a consultation.
  • The attorney will review all documents, create a petition, and file it with the USCIS.
  • ACS will take care of all steps of the relocation process, including creating a company and an account in the U.S., according to the country’s requirements.
  • ACS will prepare a Business Plan.
  • The attorney will coach you on how to perform well in the interview with a U.S. immigration officer. They’ll even accompany you to the meeting if necessary.

Investing in Hotel Winters

Dr. Finkelson suggested investing in a specific California hotel and restaurant as an ideal way to receive an EB-5 green card under his company’s guidance.

Hotel Winters is at 12 Abbey St. in scenic Winters, California, just a short drive from the action of San Francisco and nearby Napa wine country. The boutique hotel and spa are minutes from countless stores, restaurants, wine-tasting rooms, and all the outdoor adventures of the Blue Ridge Mountains.

The project is actively seeking investors. Finkelson and his team are eager to help business people apply for the EB-5 visa and meet all the requirements related to the direct investments made in the Hotel Winters project.

Interested parties can learn more and speak directly with Dr. Gregory Finkelson’s team at www.usa-acs.com.