Anhui New Opportunities for the Development of Virtual Assets and Compliance Protection of Virtual Assets by Offshore Trusts”

With the rapid development of blockchain technology and the continuous evolution of the global financial landscape, virtual assets have become an emerging field that cannot be ignored. In order to deeply discuss the latest development trends of virtual assets, explore potential opportunities, and conduct professional exchanges on how offshore trusts can provide compliance protection for virtual assets, on the afternoon of June 12, 2024, Beijing Yingke (Hefei) Law Firm (hereinafter referred to as " "Yingke Hefei") specially invited international foreign private banking expert Canby Liu and Jason Ho, head of the preparatory group of Tianshi International Family Office Anhui Branch, to discuss "New Opportunities for the Development of Virtual Assets and the Compliance of Offshore Trusts for Virtual Assets" "Protection" as the theme. This event was co-sponsored by Yingke Hefei Corporate Compliance and Legal Affairs Department, Yingke National Private Wealth Center Hefei Center and Tianshi International Family Office. Some entrepreneurs from the Baohe District Youth Chamber of Commerce in Hefei City and Yingke Hefei lawyers were specially invited to attend the lecture. The lecture was hosted by lawyer Xing Hongxia, deputy director of Yingke Hefei Management Committee and director of the Corporate Compliance and Legal Affairs Department.

At the beginning of the lecture, Director Xing Hongxia said that this was the best of times and the worst of times - this is how the British writer Dickens described the post-industrial revolution era. Today, we also live in a huge, uncertain world. If the 20th century was the era when oil was king, the 21st century is the era when data is king. As virtual assets become more and more popular, not only investors face new challenges and opportunities under the global regulatory compliance trend. The development of virtual assets and the compliance protection of virtual assets by offshore trusts have also become a new blue ocean for lawyer business to be developed. Opportunities and challenges coexist. Under the global regulatory compliance trend, whoever can take the lead in following the trend and seizing the opportunities will be able to ride on the wind.

During the sharing, Canby Liu, an expert in international foreign private banking, and Jason Ho, head of the preparatory team of Tianshi International Family Office Anhui Branch, analyzed the development situation of virtual assets overseas starting from the development origin and popularization trend of virtual assets. , as well as the advantages of offshore trusts in the compliance protection of virtual assets, and introduced in detail the functions and structures of offshore trusts and the relationship between offshore trusts and virtual assets. Canby Liu said that offshore trusts have become a flexible tool in the financial field to provide asset protection for individuals and institutions.

During the exchange and discussion session, the participants expressed their opinions directly and discussed hot issues and their own doubts. Canby Liu answered the questions raised by entrepreneurs and lawyers one by one. The session was efficient and compact, and the content was real and pragmatic.

At this point, this special lecture on "New Opportunities for the Development of Virtual Assets and Compliance Protection of Virtual Assets by Offshore Trusts" has been successfully concluded. This sharing and exchange meeting further promoted investors' understanding of offshore trusts and virtual assets, and also provided a platform for Yingke The expansion of Hefei's legal services has opened up new opportunities. In the future, Yingke Hefei will continue to carry out a variety of exchange activities, bringing together the global resource advantages of Yingke Law Firm, and using the Hefei branch of the global one-hour legal service ecosystem as a carrier to enhance interaction and cooperation between regions and branches, and promote legal cooperation. All-round development.