Clearstream, the Luxembourg-based post-trade business of Deutsche Börse Group, has expanded its custody service portfolio to include crypto assets. The company announced on Tuesday 11 March 2025 that it would offer institutional investors settlement and custody services for digital assets. Crypto Finance, another Deutsche Börse Group entity, will act as the sub-custodian. The service is set for launch in April 2025.
Join the Chamber of Commerce Luxembourg for a kick-off seminar “Elaborate & Implement your international strategy” and take the first step toward global success! Learn how to identify the ideal market for your product or service, and make the most of the internationalisation services you can benefit from.
Since January 1, 2024, a new investment tax bonus scheme (art. 152bis of the Income Tax Act, or "LIR") is applicable. This measure aims to support companies in the digital transformation and environmental transition of their activities. Indeed, the new measure allows companies to benefit, under certain conditions, from a tax reduction of up to 18% of the investments and operating expenses they incur to support their digital transformation or reduce their environmental impact.
Nexus Luxembourg is set to return for its second annual edition, a two-day tech symposium and exhibition focused on AI, technology, and business. The event promises countless opportunities for inspiration, learning, networking, meaningful encounters, and strategic partnerships.
A special connection between Luxembourg and New York is taking shape at the Davis Center in Central Park, where 23 hand-crafted doors from Drinklange will soon welcome visitors. The world famous Central Park in the middle of Manhattan is undergoing some exciting new changes to be ready for every season – a new pool for the summer and a new ice rink for the winter. As exciting as this sounds for New Yorkers, why should that interest us here in Luxembourg ? The new Davis Center will bear a special grand ducal connection, featuring 23 large glass doors designed meticulously in the north of Luxembourg. For a whole three weeks, eight large boxes were heading from Drinklange, Troisvierges all the way to the Big Apple.
December 11, 2024 President Joseph R. Biden, Jr. today announced the designation of a Presidential Delegation to Belgium and Luxembourg to attend the Commemoration of the 80th Anniversary of the Battle of the Bulge on December 13-14, 2024. The Honorable Bill Nelson, Administrator of the National Aeronautics and Space Administration, will lead the delegation. Members of the Presidential Delegation: The Honorable Thomas M. Barrett, United States Ambassador to the Grand Duchy of Luxembourg The Honorable Michael M. Adler, United States Ambassador to the Kingdom of Belgium The Honorable Harry Coker, Jr., National Cyber Director, Office of the Cyber Director, The White House The Honorable Terri Tanielian, Special Assistant to the President for Veterans Affairs, Domestic Policy Council, The White House The Honorable Sheila Casey, Executive Director of Joining Forces, The White House
MUDEC offers students opportunity to explore a unique cultural landscape As universities worldwide boost their international efforts to help students engage with diverse cultures, languages, perspectives, global trends, and commerce, Miami is building on a tradition of more than a half-century rooted in Luxembourg. Miami established its Miami University Dolibois European Center (MUDEC) in 1968, amid social and political turbulence in both Europe and the United States, to give students meaningful international experience. The initiative, led by then-provost Charles Ray Wilson, chose Luxembourg at the urging of Miami alumnus John E. Dolibois, the vice president of advancement and U.S. ambassador to Luxembourg. Dolibois highlighted the country’s unique cultural landscape, manageable size, and central location that enables weekend exploration of neighboring countries. The center is housed in Differdange Castle in the southwest. MUDEC students have witnessed such historic events as the return of American …
Simpson Thacher & Bartlett (STB) and Herbert Smith Freehills (HSF) have confirmed plans to open offices in Luxembourg, with both set to launch operations early next year. The move reflects Luxembourg’s growing role as a key jurisdiction for private capital and alternative investments in Europe. Luxembourg has become a significant hub for private equity and private capital funds, driven by its robust regulatory framework, long-standing expertise, and position within the EU single market. The country is increasingly used by private equity firms as the primary location for structuring and distributing funds to European investors. STB’s Luxembourg office will be led by three funds partners with the firm being well-known for advising major private equity fundraisers, including Blackstone, CVC, and EQT. HSF’s office will similarly focus on private funds. Gareth Earl, head of STB’s European Funds Practice, described Luxembourg as a …
From the Embassy of Luxembourg in Washington, D.C. This year’s Veterans Day is especially sad for us as we learnt about the passing of Darrell Reed Bush, U.S. veteran of the Battle of the Bulge and a cherished friend of our Embassy. Darrell passed away peacefully at the age of 99. Our deepest condolences go out to his beloved wife, Dorothy, and his family. Darrell and Dorothy recently marked a remarkable milestone, celebrating their 81st wedding anniversary. We feel particularly fortunate to have been able to spend many meaningful moments together with Mr. Bush, telling us firsthand his experiences during the Battle of the Bulge. Mr. Bush fought courageously with the 106th Infantry Division, 75th Division during one of the most decisive battles of the Second World War. His bravery and service made a lasting impact during …