We’re delighted to announce that deVere Group has joined global financial powerhouses in becoming a founding member of a new international alliance that will help accelerate the transition to a net zero financial system.
We’re teaming up with the world's two largest credit rating agencies, six major audit networks, three leading index providers, and two global stock exchanges, to launching the Net Zero Financial Services Providers Alliance.
The Net Zero Read More
deVere Acuma has been named Best Financial Advisory Company UAE 2021 and Best Fintech Company UAE 2021 in this year’s prestigious International Business Magazine Awards.
What an achievement!
According to International Business Magazine: “Our awards are structured to spearhead the corporate players who have been known to showcase their extraordinary power to lead from the front, and honouring those who strive harder for achieving supreme quality-backed services, Read More
As El Salvador becomes the first country in the world to make Bitcoin official legal tender on Tuesday, I will explain to BBC News tomorrow why it could help boost the country’s economic growth and jobs.
The smallest country in Central America will adopt the world’s largest cryptocurrency by market cap as national currency alongside the U.S. dollar.
As it stands, outside of the U.S. and its territories, there are seven other sovereign nations using the Read More
The chair of the U.S. Securities and Exchange Commission (SEC) is, we believe, right that crypto trading platforms should be regulated.
The Financial Times published an interview with Gary Gensler last week, in which he said although he was “technology neutral”, crypto assets were no different than any others in terms of investor protection, guarding against illicit activity and maintaining financial stability.
Gensler’s stance on cryptocurrencies should be welcomed. With Read More
I’m confident that the booming NFT (non-fungible token) market will more than double in sales in a year as major investors continue to join the market.
Recent examples over the last week include Visa purchasing “CryptoPunk,” one of the thousands of NFT-based digital avatars, for close to $150,000 in Ethereum, and Marvel Entertainment unveiling its first official NFTs in the form of Spider-Man ‘digital statues.’
NFTs are unique digital assets designed to represent Read More
Ethereum will keep outperforming Bitcoin this year and ultimately surpass its rival’s value.
Yes, I recognise it’s a bold prediction, but looking at the stats, Ethereum is up around 240% in 2021, compared to less than 38% for Bitcoin. In fact, ETH has outperformed all other benchmark assets in the first six months of the year.
As I was quoted by City AM and Cointelegraph, amongst other media, there are two principal reasons that are fuelling Ethereum’s performance this Read More
Bitcoin will return to its previous all-time highs by the end of this year, driven up by the recent comments on cryptocurrencies from Elon Musk, Jack Dorsey and Cathie Wood at the The B Word Conference earlier this week.
Tesla and Space X founder Elon Musk, Twitter founder Jack Dorsey, and Ark Investment’s Cathie Wood all talked about the massive future potential of Bitcoin – the world’s largest cryptocurrency – at this virtual event.
In fact, following their comments, Read More
Bitcoin and other digital currencies experienced a major sell-off this week following the crackdown by China.
However, the crypto cynics should not rebuff cryptocurrencies.
It’s been something of a turbulent week for crypto. Around $400 billion has been wiped off the total digital currency market since last Friday, when a key Bitcoin mining hub instructed miners to cease operations.
This followed reports that the People’s Bank of China ordered banks to freeze all payment Read More
Taxes on pension contributions could increase in autumn as part of spending plans being considered by the Treasury.
As such, pension savers should act now to reduce the financial impact of a possible stinging, stealthy raid on their pensions.
It was announced on Monday by The Daily Telegraph that “well-placed sources” are considering various ways of raising funds to pay for the coronavirus pandemic, and are devising plans to alter the way pension contributions are Read More
We’re very pleased to announce that deVere is now offering clients a fixed-yield note, with the proceeds allocated to the financing of projects with a clear and defined environmental benefit, such as reducing carbon emissions.
This is predominantly due to surging interest on environmental, social and governance (ESG) investing, which we defined as decade’s ultimate megatrend.
Last June we revealed that 26% of clients across the globe are considering Read More
Wednesday 9June was a momentous day for crypto.
El Salvador became the first country in the world to adopt Bitcoin as official legal tender.
The Legislative Assembly of El Salvador voted to pass a bill that declared Bitcoin as legal tender, as per the Communications Secretariat of the Presidency of the Republic of El Salvador, receiving 62 out of 84 votes.
As I was quoted by Forbes, Yahoo News, City AM and Verdict, amongst others, although it is the first to adopt the Read More
NFTs, or non-fungible tokens, are set to become a crucial part of the tech investment megatrend of the next decade.
This is despite declines in recent days of around 80% within the NFT market, from a peak of $102 million in NFT transactions in one day at the beginning of last month.
NFTs are digital collectibles encoded onto a blockchain – the technology that underpins cryptocurrencies - that create a unique digital watermark proving ownership and the digital rights to that Read More