Crypto News 

‘Crazy’ ICOs are driven by Bitcoin millionaires who need to diversify but don’t want to pay tax

“And it can be cashed out for Bitcoin or regular fiat “real world” currency if you don’t want it anymore” writes Jim Edwards for businessinsider.com. In Liew and Smith’s opinion, a lot of it is coming from Bitcoin millionaires who want to diversify their exposure. Source: businessinsider.com Share This:

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How ex-NFL LB Shawne Merriman is working to diversify NASCAR and its fan base

“NASCAR has been working to diversify its drivers and crews, particularly with the launch of the Drive for Diversity program in 2004” writes Michelle Is A for usatoday.com. We had plenty of opportunities to play football and basketball and other sports because that was there, but never had an opportunity to go out to a NASCAR race.We would never have the opportunity to go out to a NASCAR track – ever. Source: usatoday.com Share This:

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Bill to diversify Md. medical marijuana industry fails in final seconds of session

“On Tuesday, Glenn said she would call on legislative leaders to hold a one-day special session to pass the medical marijuana bill” writes Fenit Nirappil Covers for washingtonpost.com. A group representing the 15 cultivation companies approved last summer by the Maryland Medical Cannabis Commission celebrated the legislation’s defeat.Cheryl D. Glenn (D-Baltimore) made diversifying the state’s new medical marijuana industry a top priority for the largest caucus in the General Assembly, and the issue is personal.Members of the 16-member Maryland Medical Cannabis Commission also were fighting for their jobs because the…

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Manulife’s new China license targets outward-focused investors

“As Chinese investors look to diversify their holdings, Manulife could benefit” writes Nyshka Chandran for cnbc.com. Earlier this month, the Canadian giant became the first financial institution to secure an investment company wholly foreign-owned enterprise (WFOE) licence in China, which allows it to launch investment products on the mainland via a wholly-owned local subsidiary.”We have investment products that are manufactured around the world, allowing people access to global investment opportunities, and we’ll be able to sell them to qualified institutional investors here in China,” CEO Donald Guloien told CNBC at…

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