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What Happens To Your Bitcoins In A Divorce?

As the world of crypto grows ever larger, divorce lawyers are finding more and more that they are having to deal with a whole new class of assets. Whilst they are familiar with the redistribution of many types of assets, such as traditional cash, bank accounts and other investments, cryptocurrencies is relatively new ground. One of the main problems that lawyers face is the lack of traceability of cryptocurrencies; not to mention their volatility and liquidity. If a spouse does not disclose a holding of digital currencies, they cannot easily be traced and identified, unlike other assets. One of the...

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How Can Cryptocurrencies Help New Businesses

Cryptocurrencies are very dynamic in the way we can use them. While they were initially intended as a currency and medium of exchange, their wide applicability has made them more useful as investment options as well as secure IDs. Savvy entrepreneurs looking to start a new business have seen the potential in cryptocurrencies and are experimenting with various use-cases to bring new products or services to the market. Raising Capital Entrepreneurs in the financial world in general and tech-businesses in particular are aware of raising capital through crowd funding. Crowd funding allows business ideas and causes to raise their required...

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Cryptocurrency: A Volatile Market

Digital currencies have become a global phenomenon and have gained immense popularity all around the world. Virtual currencies are ardently supported by some, feared by others, while the rest just don’t understand how they work or what makes them so special. Even bankers, economists and developers find it difficult to explain cryptocurrencies in common, layman terms. Here, we will try to explain what cryptocurrencies are and what makes them so special. What are Cryptocurrencies Broken down to its simplest definition, cryptocurrencies are nothing but a record of entries in an electronic ledger that cannot be changed without meeting specific conditions....

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"Bitcoin Has Failed" - Governor Mark Carney

Mark Carney is a very smart man, so smart that in 2012 he was made the Governor of the Bank of England and has been doing a good job ever since. He is though, unsurprisingly, stuck in the old ways of dealing with money and is a traditionalist. There are many people who are dismissive of digital currency and want it to fail, it feels as though Carney is in this category. He is recently quoted as saying “Bitcoin has failed”, which to anyone with knowledge on cryptocurrency will tell you is simply not true. Sometimes technology comes along that...

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Why You Might Soon Be Able To Trade Bitcoin And Ethereum With No Fees

The Robinhood mobile app, which promises its customers zero fee Bitcoin and Ethereum trading is now live, the company has announced. Those who are first in line to test this new app are based in California, Missouri, Montana, Massachusetts and New Hampshire. This will change though and the firm have declared that the support for no-fee crypto trading will be released for more states later on down the line. Currently, all of the users of Robinhood can now monitor the market, and keep a close eye on the prices of 16 different cryptocurrencies, despite whether they do or do not...

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