How Does Cryptocurrency Gain Value?

Cryptocurrency is the latest “big thing” in the digital world and is now considered part of the currency system. In fact, enthusiasts label it as a “money revolution.” To be clear, cryptocurrencies are decentralized digital assets that can be exchanged between users without central authorization, most of which are created through special computing techniques called …

Cryptocurrency and Taxation Challenges

Cryptocurrency has been in the news lately because tax authorities believe that cryptocurrency can be used for money laundering and tax evasion. Even the Supreme Court has appointed a special investigation team on black money, recommending not to use this currency for transactions. According to reports, China has banned some of the largest bitcoin trading …

Are You Planning to Set Up Your Own Cryptocurrency Exchange Platform?

If we look at the most influential recent developments, there is no doubt that the first thing that comes to mind is cryptocurrency. People make huge profits by investing in cryptocurrencies such as Bitcoin at the right time. By simply providing investors with a cryptocurrency trading platform to trade cryptocurrencies, many people have also successfully …

Visa Says You Can Buy Almost Anything, Except Crypto Currencies

This week’s news is that several banks in the United States and the United Kingdom have banned the use of credit cards to purchase cryptocurrency (CC). The reasons stated are unbelievable-such as trying to reduce money laundering, gambling, and protecting retail investors from excessive risks. Interestingly, banks will allow the purchase of debit cards, which …