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What is Cryptocurrency? Here’s what you need to know

cryptocurrency is a type of digital currency that you can use to purchase goods and services. For secure transactions, cryptocurrencies depend on an extremely complex online ledger. Millions of people around the world have invested in these unregulated currencies in order to make a profit. Of all these popular cryptocurrencies, Bitcoin tops the list. In

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Challenges related to cryptocurrency and taxation

Cryptocurrencies have been in the news recently because tax authorities believe they can be used to launder money and evade taxes. Even the Supreme Court appointed a special black money investigation team recommended that trading in this currency be discouraged. While China has reportedly banned some of its biggest Bitcoin trading operators, countries like the

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