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Bitcoin bounces back over $10,000 amid coronavirus concerns

Bitcoin bounces back over $10,000 amid coronavirus concerns

Cryptocurrency investors who gambled on Bitcoin since 2018 could have the coronavirus outbreak to thank for recent gains in value, as our cryptocurrency accountants at Crawfords have seen its price rise since the first cases were reported in Europe. Value Climbing...
HMRC’s investigation into Cryptocurrency Taxation

HMRC’s investigation into Cryptocurrency Taxation

Ten years ago Bitcoin emerged as the first digital currency, and those who made the lucrative choice to invest in this new digital asset are the envy of many today. Over the last ten years the value of one bitcoin has increased from just a few pence to over £6,500 in...
Is it time for laws to be imposed on crypto currency?

Is it time for laws to be imposed on crypto currency?

Some of the most desirable features of cryptocurrencies – their anonymity and lack of regulation – are also some of the biggest risks for investors and the loudest alarm bells for governments around the world. Cryptocurrency: The volatile investment There...
Facebook announces global coin ‘Libra’ for 2020

Facebook announces global coin ‘Libra’ for 2020

An official announcement by the Libra Association has ended speculation over whether Facebook will introduce a global coin – a universal digital currency – under that name in early 2020. In its announcement the Libra Association, which includes Facebook...