Despite the buzz, the meanings of these terms still elude many people’s comprehension. As you’ve no doubt noticed, cryptocurrencies (and their corresponding jargon) have caused quite the uproar in the media, online forums, and perhaps even in your dinnertime conversations. The FTC recorded an increase in identity fraud complaints of more than 100% between 20, and Coinbase, the largest US-based exchange, saw account hacking double just between November and December 2016.īitcoin, blockchain, initial coin offerings, ether, exchanges. In Asia, where cryptocurrency demand has been soaring, the Chinese and South Korean governments have taken hard stances on cryptocurrency regulation. As of mid-2017, only three BitLicenses have been issued, and a far greater number withdrawn or denied. New York State created the BitLicense system, mandates for companies before conducting business with New York residents.
While the US has been cracking down on unregulated activities, in countries such as Germany and the UK, cryptocurrencies are treated like "private money" and are not subject to tax outside of commercial use.
0 kommentar(er)
