Cryptocurrency tech and regulation

cryptocurrency tech and regulation

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How does a blockchain work - Simply Explained
This article contributes to the increasingly important discussion on the patchwork body of law pertaining to virtual currencies and blockchain technology. In. This second edition book explores the creation of stablecoins, governments issuance of their own versions of digital currencies, and new regulations. Many state governments have proposed and/or passed laws affecting cryptocurrencies and blockchain technology, with most of the activity taking place in the.
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Read More FinTech. In an effort to harmonize digital asset regulation, the proposed Digital Trading Clarity Act aims to provide regulatory clarity around two primary concerns plaguing crypto exchange establishments: i the classification of digital assets; and ii related liabilities under existing securities laws. From a taxation standpoint, Canada treats cryptocurrency similarly to other commodities. As of the date this article was written, the author does not own cryptocurrency.