Cryptocurrency is a hidden, secure form of token that carries a monetary value. Bitcoins, Ethereum, Litecoins and various other similar terms that you hear, fall under the broad umbrella of Cryptocurrencies. Most of the cryptocurrency trades are recorded on a blockchain that forms a decentralized system. This is one of the reasons why it has become so popular in recent times.
Related Links: Cryptocurrency Beginner's Guide
As per a paper published by an Islamic scholar, there's a possibility that cryptocurrencies can be considered as 'Halal' (permissible) under the Islamic law.
There have been recent instances of central banks and regulatory authorities having stand-offs on various issues without truly understanding them.
On one hand, aims at developing its own crypto tokens, while on the other hand, it takes premature decisions to hamper crypto growth in the country.
Before we jump into the various cryptocurrency and the effect of investing in these currencies, we understand a bit about their background.
US government has introduced some amendments regarding the taxation of cryptocurrency for traders.
On April 11, how the bank treated cryptocurrency purchases on credit cards as cash advances and charged unsuspecting customers high interest fees.
Dash has emerged as a viable option as an alternative to Bitcoin.
Cleartax has recently joined hands with Zebpay and introduced a crypto tax advisory service which similar to what Coinbase is doing at a global level.
Following the Finance Ministry’s announcement, the crypto traders of Poland have organized an online petition to protest this decision.
Since Monday, Ledger wallet users have been unable to access their Bitcoin Cash (BCH). Some users claim that hardware manufacturer is dragging its feet.
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