Bitcoin is like a digital gold in many ways. Like gold, bitcoin cannot be created spontaneously; it requires work to “extract”. Gold must be extracted from geological earth and bitcoin “mined” from computational method. There are about 18.5 million Bitcoins are currently and worth about $ 80 billion based on the current BTC price of [...]
The British pound is the official currency of United Kingdom and it is known as ‘Sterling’ or ‘Pound’. The "pound sterling" is the oldest currency in continuous use. Some nations that do not use sterling also have currencies called the pound. Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, [...]
Financial crisis can be defined as a sharp decline in the value of property, businesses and consumers unable to pay their debts and financial institutions experiencing a liquidity crunch. A financial crisis is often associated with a panic or bank operation, during which investors sell assets or withdraw money from savings accounts because they fear [...]
Now it is common to tax income and capital gains from Bitcoin and other cryptocurrencies. However, there are many countries that are interested in seeing how this growing property class develops and promoting innovation. Even in these countries, tax laws are subject to change and are often complex. Tax liability is an important resource for [...]
