Legal Regulations Academy
National governments are more and more interested in regulating cryptocurrency. Many of them are currently in the process of establishing crypto legislative frameworks. While one of the core initial ideas of crypto is that it was supposed to be unregulated by centralized financial institutions, it is impossible to avoid governmental lawmakers.
Some are welcoming toward it, as they see the positive effects it can have on national economies. Other countries consider crypto dangerous to the traditional way of handling currency and do not believe that fiat and cryptocurrencies can peacefully coexist.
Whatever the case, legislation greatly affects how we handle coins from our crypto wallets, so it’s always a good idea to inform yourself about it. And that’s what helpful and easy-to-read articles from our Legal Regulations Academy are for.
The US looking to control Ethereum: Is it possible and what are the implications?
A widely anticipated software update for one of the most well-known cryptocurrency systems, Ethereum, was released last week in response to recent pressure on the digital asset markets. Many people have been wondering whether an alternative, energy-efficient consensus protocol for the crypto industry will ever happen because the upgrade, known as “The Merge”, has been […]
Legality status of Bitcoin in EU and UK
Everyone holding, trading, or investing in Bitcoin has the following questions on their minds. Is cryptocurrency legal? Should I pay taxes? Is there a way to pay less? If we look at the map of Bitcoin legibility, we see that cryptocurrencies are legal in the EU and UK. But what does that mean? The main […]