Hong Kong-based firm Legacy Trust is now offering a pension plan where contributions can be made with both cryptocurrencies and fiat currencies, aimed at businesses in the crypto industry.
ERC-20 tokens can represent a diverse range of digital assets. Like other crypto assets, they can have a value and be sent and received.
The difference between ERC-20 tokens and cryptocurrencies such as Bitcoin, Ethereum, Litecoin…is that ERC-20 tokens don’t have their own blockchain but reside on top of the Ethereum blockchain.
One of the most utilized hardware wallets, Ledge, has now expanded its overall utility, releasing support for ER-20 tokens. Users can update their firmware easily and once updated, adding ER-20 tokens to your portfolio is a breeze.
The XRP Ledger can be utilized to send and receive other crypto-assets with the same speed, and recentty %35 million of Ethereum was sent on the XRP ledger.
The Inland Revenue Department (IRD), of New Zealand, has made it legal for its residents to receive salaries in cryptocurrency, and be taxed accordingly.
Recently the United Kingdom has issued guidance indicating XRP has “non-security attributes,” according to Ripple.
The Securities and Exchange Commission seemingly try to legitimize the industry, their decisions sometimes seem to indicate otherwise. In a new post, the agency is looking to run full network nodes for multiple cryptocurrencies. Some interesting projects are on this list, although the bigger goal remains rather unclear.
Here is a speculative translation of what Donald Trump’s could have meant if Twitter allowed more characters. A personal opinion and not financial advise.
The Chairman of the USA Fed Reserve has said that a globally adopted cryptocurrency system could conceivably remove the need for reserve currencies.
As with any new area of investment, cryptocurrencies have prompted potential investors and analysts to ask many questions. In the past couple of years, digital currencies have experienced significant boosts in popularity, and there are persistent untruths, myths, and rumors about the space in general and about certain coins and tokens in particular. Below, we’ll take a look at some of the most common myths about digital currencies, and we’ll explore whether or not each contains some truth.