Digital Currency Digital currencies currently have only a small number of users and the regulatory and tax treatment of digital currencies is still changing. The necessary infrastructure to support digital currency is still being determined and developed. Cryptocurrencies and virtual currencies are forms of digital currency. As payments are made directly between payers and receivers, digital money can eliminate intermediaries, processing and infrastructure costs unlike traditional payment methods that cannot be passed through. bank or clearing house. It can …
Cryptocurrency Cryptocurrency, sometimes called cryptocurrency or cryptocurrency, is any form of money that is digital or almost and uses encryption to protect transactions. Cryptocurrencies have no central authority or authority, instead using a decentralized system to record transactions and issue new units. Cryptocurrency is a digital payment system that does not rely on banks to verify transactions. It is a peer-to-peer system that can allow anyone, anywhere to send …
