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The future of cryptocurrency

2019 demonstrated that there is clearly a growing appetite for cryptocurrencies with Bitcoin reaching $1bn in cumulative transaction fees on its eleventh anniversary as the world’s first cryptocurrency.

Facebook’s newly announced virtual currency Libra has caused a storm of inquiries and concern amongst regulators globally. It’s important to understand the challenges posed by this audacious new digital currency. Will this be the currency of the future or could it be considered a modern day cartel?

What are the tax implications of cryptocurrencies? Find out what tax authorities in the USA and the UK are saying.

There is no doubt that cryptocurrencies will continue to develop and grow in 2020, but this will bring more uncertainty for regulators and for businesses worldwide.  

  • Keep track of everything cryptocurrency related by visiting our Cryptocurrency hub page where you can find all of our curated articles, hand-picked by our team of experts.
  • Take a closer look at The Virtual Currency Regulation Review which provides a practical analysis of recent legal and regulatory changes and developments in this area and looks forward to expected trends on a country-by-country basis.
  • Build tailored cross-border comparative reports on virtual currencies by using our newly released Cryptoassets & Blockchain GTDT comparison tool which covers trading, payments and mining, as well as blockchain and distributed ledger technology.