Cryptocurrency Q&A What are ACS funds?

What are ACS funds?

CryptoEnthusiast CryptoEnthusiast Mon Oct 28 2024 | 7 answers 1579
I don't understand this question. Could you please assist me in answering it? What are ACS funds?

7 answers

Riccardo Riccardo Wed Oct 30 2024
An Authorised Contractual Scheme (ACS) represents a specific type of collective investment structure in the UK.

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SumoPowerful SumoPowerful Tue Oct 29 2024
This scheme is designed to be tax transparent, meaning that investors are directly taxed on their share of the scheme's profits.

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charlotte_bailey_doctor charlotte_bailey_doctor Tue Oct 29 2024
One of the top cryptocurrency exchanges, BTCC, offers a range of services to its customers.

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Martina Martina Tue Oct 29 2024
BTCC's services include spot trading, futures trading, and a wallet for storing digital assets. With these offerings, BTCC provides a comprehensive platform for investors to trade and manage their cryptocurrency holdings.

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DaeguDivaDance DaeguDivaDance Tue Oct 29 2024
An important aspect of an ACS is that it lacks legal personality. This means it does not exist as a separate legal entity from its investors.

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