All articles related to cryptocurrency to help you learn and improve your knowledge about this new currency.

Choosing a Crypto Lawyer

Crypto Lawyer court

If you run a blockchain-related business, one of the hardest decisions you’ll have to make is to get the right crypto lawyer. The legal implications for such a business can be severe and you want to make sure that all legal loopholes are being addressed to prevent lawsuits.

Getting an attorney is never a straightforward process. You will have to do the due diligence so that you’re sure of working with the right attorney. There are a couple of reasons why your blockchain project needs legal counsel and we’re going to highlight some of them.

Libra-Facebook’s Digital Money

Libra Digital Money

The lucrativeness of the online platforms and social media was an unexplored dark corner in the enormous multi-faceted room of possibilities. With the progressing times, the whole face of banking is changing and the social media platforms are exfoliating the older skin of confined ideas to a broader range of innovations.

Facebook, a social media platform that was launched back in 2004, created a lot of buzz in the subsequent years and has come a long way to the stage of an existential crisis. The platform is even now standing firm on its feet, making its way back into the game by introducing different facilities to enhance your experience. Rivals in the match kept progressing with enthralling ideas being implemented into it, while Facebook reverted at some point. But then they too took a massive leap towards revamping the interface.

Heads or Tails? Pick it Rather Than Tossing for It

market cap value

Which side to the coins running the digital money industry would you pick? With about 1600 varieties of cryptocurrency functioning, the most bewildering aspect of it would be to choose the right one. The age of being inclined to the aesthetics of any product is fading out into history; the specifications and salient features of each product rivaling to hit the top position runs the economy in any country.

As far as the cryptocurrency industry is concerned, new and refined facets should be introduced now and then; since the advent of the concept of cryptocurrency, daily innovations, rectifications, and revamps have taken the industry rolling with those ideas kindling within each techie’s labyrinth.

What You Need to Know About Cryptocurrency Taxes

Cryptocurrency has been around for a few years now; long enough that many, many people are taking advantage of the opportunities they provide.  Since Bitcoin hit the market in 2017, there has been growing excitement about online currency.  However, many people don’t realize that cryptocurrency is actually taxed as property according to the US government.

In fact, any form of cryptocurrency exchange, including selling and spending, will likely have capital gains implications; and receiving it will be considered income.  There are literally hundreds of cryptocurrencies available, but bitcoin is currently the most popular, and all types are taxed equally.

Things can get a little bit complicated when it comes to cryptocurrency taxes, so it’s in your best interest to hire a knowledgeable accountant, especially when doing your business tax filing.  Let me lay out a few of the tax implications on certain (and popular) crypto transactions.

3 Ways Cryptocurrency Is Impacting Businesses

Cryptocurrency Impact Business

When cryptocurrencies made it into the mainstream, many people thought they just provided an alternative way to complete financial transactions. However, cryptos such as Bitcoin and Ethereum have already begun to influence businesses around the world. This is especially the case with more and more of the masses using Bitcoin wallet; which provides an added impetus for businesses.

In fact, it is now accepted that cryptos and the technology behind them are very much a positive influence across multiple sectors, and here’s how.