Of this roughly $700 trillion, about $685 trillion is taken into account an “onshore” asset – that’s, they’re held by individuals and entities which are formally and accountably residents within the international locations through which they function or exist. Estimates by the Group for Financial Cooperation and Growth (OECD) put all of the offshore property at round $12 trillion. That’s some huge cash, however within the context of world property, it’s a drop within the ocean, lower than 2% of the overall. Proper now, that 2% is comparatively calmly, or by no means regulated and a good chunk of that’s cryptocurrencies.