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Opinion

Understanding the Principles of Cryptocurrency Taxation & Current Practices

Introduction Ever since cryptocurrencies became relevant, governments throughout the world have begun discussions on how to effectively regulate and tax the industry. A large part of the community does not agree with this, granted that the main purpose of digital currencies is to get rid of centralization and create a new financial society that isn’t controlled by a central authority.…

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Warren Buffett’s Criticism Of Bitcoin Reveals Nuanced Opinion

Earlier this month, during an interview on CNBC, Warren Buffett reasserted his long-held criticism of Bitcoin as a legitimate asset. The financial mogul is one of many highly respected figures from the business and technology spheres to express reservations about cryptocurrencies, which often draws the ire and ridicule of advocates. Although Buffett, and his like-minded…

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Inside The World’s Anti-Crypto Countries: Iran & Pakistan

This article is part of a series on governments with an anti-crypto stance. Understanding the cryptocurrency market in Iran Back in April 2018, the Central Bank of Iran published their decision to prohibit local financial institutions and banks from getting involved with cryptocurrencies. The reasoning consisted of terrorism financing and money laundering risks. Despite this aspect, numerous studies showcase…

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Series: Inside the World’s Anti-Crypto Countries

Understanding Cryptocurrency Regulatory Trends During the last couple of years, cryptocurrency regulation has been a subject on the agenda of most governments throughout the world. However, the regulatory approach varies widely from country to country, as some have chosen to adopt a crypto-friendly regulation, whereas others have outright banned the technology. In this article, we’ll take you on a journey…

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