Tether is a cryptocurrency pegged to traditional fiat currencies and backed 1:1 by reserves of these traditional currencies held in accounts under Tether’s control. There are currently Tether tokens backed by US Dollars (denoted by the symbol USD₮) and by Euros (denoted by EUR₮). A Tether token pegged to the Japanese Yen (JPY₮) is on […]
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The IRS mistakenly classified in-game currencies as taxable for months. It removed this classification almost immediately after reports went live. This mistake hints at a dystopian future for in-game currencies. Imagine a world where not only your real-life purchases were taxed but also your in-game ones, like Fortnite’s V-bucks. We caught a little glimpse of […]
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The movement to adopt digital currencies has become increasingly popular among individuals since the launch of Bitcoin a decade ago. Now, more businesses are also beginning to create bitcoin franchises (businesses that integrate crypto in one or more ways). Here are some of the most popular bitcoin franchise categories and a few real-world examples of […]
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