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Category: crypto
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The Best Crypto Tax Software in the UK 2023
In the rapidly evolving landscape of cryptocurrency trading, one aspect has remained consistent: the watchful eye of tax authorities. The UK’s HMRC is no exception, with its intensified scrutiny on cryptocurrency transactions. For UK traders, this means one thing – the pressing need to ensure accurate and compliant crypto tax calculations. The stakes are high,…
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Cryptoassests and Tax in the UK (2024)
Cryptocurrency, once a niche and often misunderstood market, has undoubtedly paved its way into mainstream finance. As adoption grows, so does the need for clarity regarding its fiscal implications. For those in the United Kingdom, understanding cryptocurrency taxation isn’t just a matter of due diligence—it’s essential for staying compliant with HMRC’s regulations. Whether you’re an…
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What are NFTs?
Non-Fungible Tokens, commonly referred to as NFTs, have marked their territory as one of the most discussed topics in the realm of digital assets. Soaring to prominence in 2020, these unique digital assets have revolutionized how we perceive value in the digital world. Unlike cryptocurrencies such as Bitcoin or Ethereum, NFTs are distinct in nature. Their…
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Bitcoin Mining and Proof of Work Explained
In the vast expanse of the digital realm, Bitcoin has emerged as a shining beacon, revolutionizing the concept of currency. Just as pioneers once ventured westward, driven by the allure of gold, today’s digital pioneers embark on a different kind of quest: mining Bitcoin. However, this is not the pick-and-shovel work of old; it’s a…
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What is Blockchain? The Basics
Hey there, ever wondered about the technology that powers your favorite cryptocurrencies like Bitcoin and Ethereum? It’s called blockchain, and it’s revolutionizing not just the world of finance, but many other industries as well. In this article, we’re going to break down what blockchain is, how it works, and why it’s so important. So, What…
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The Best Crypto Hardware Wallets for 2024
In the rapidly evolving world of cryptocurrencies, securing your digital assets is more crucial than ever. As the value of cryptocurrencies skyrocket (not that it’s looking likely to happen again anytime soon), so does the interest of hackers and cybercriminals. But fear not, for there’s a robust solution to this problem – crypto hardware wallets.…