Investing In Crypto: On The Nature of Staking

09 Apr 2021

Staking is an important element of the current stage of blockchain development. The staked coins are delegated to a node, which takes part in the governance of a Proof of Stake (PoS) blockchain network. In exchange for offering their assets to be used in ensuring functionality of the blockchain network, the owners of staked coins are rewarded with...

Government of India has ruled that crypto incomes are to be subjected to taxation

07 Apr 2021

At the end of March, the Indian Government introduced new cryptocurrency rules for companies in the country. It mandated that, starting from April 1st, all Indian firms that deal with crypto must report all their cryptocurrency transactions and holdings when they submit financial information for taxation. As the Minister of State for Finance and C...

Pound Sterling Tumbles Towards the End of Q1 Erasing Nearly All Gains

02 Apr 2021

Sterling kicked off the first quarter of 2021 on a negative note. Even though it marked the first time in 48 years that Britain was going to trade outside the European Union, warnings of tighter lockdown measures outweighed the Brexit deal. The GBP/USD trading pair fell by 1.85% throughout the week of January 1st to hit a low of $1.3450 ten days l...

Advantages and Downsides of Central Bank Digital Currencies

25 Mar 2021

Central Bank Digital Currencies (CBDCs for short) are, in simple terms, the digital version of the same fiat currencies that people use in their daily lives.They are becoming an increasingly popular topic, with many governments looking into the development of their own CBDCs. Just recently there has been news of how a new digital dollar prototype...

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