fbpx

Dispelling Pervasive Myths About Cryptocurrency [Infographic]

When was the last time you scrolled through the news and there wasn’t something about cryptocurrency in the headlines? It has probably been a long time, or at least a long time in Internet time. Cryptocurrency dominates the news cycle these days, and you’ll see everything from stories about rappers who became accidental Bitcoin millionaires to foreign governments banning cryptocurrencies outright. There are some pretty pervasive myths that go along with cryptocurrencies as well. Do you think you have what it takes to invest in such a volatile and mysterious new market?

First off, cryptocurrencies are absolutely regulated by the Securities and Exchange Commission, contrary to the pervasive belief that they are completely unregulated. And in addition to those regulations different states are enacting different laws regarding how they are treated, whether exchanges are legally binding, and whether they can legally be traded on stock exchanges. But what’s most important is that yes, you do have to pay taxes on them.

Learn more about cryptocurrency myths from this infographic!

 

NowSourcinghttp://nowsourcing.com
Brian Wallace is the Founder and President of NowSourcing, an industry leading infographic design agency , based in Louisville, KY and Cincinnati, OH which works with companies that range from startups to Fortune 500s. Brian also runs #LinkedInLocal events nationwide, hosts the Next Action Podcast, and has been named a Google Small Business Advisor for 2016-2018. Follow Brian Wallace on LinkedIn as well as Twitter.

More from author

Leave a Reply!

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Related posts

Advertisment

Categories

Latest posts

TOP tips to enter Appleby college for foreign students

How to enter Appleby college for foreign students: fees and requirements  Appleby College is a renowned private school in...

Telehealth Continues To Grow In Popularity With Talkspace Leading the Pack

Talkspace is an organization that concentrates on providing mental wellness to online users. Recent news shows that Dr. Brant Foundation has...

Money Stress And The Effects On Your Body

There are all kinds of things out there that can affect your health, and some are better for you than others, but...

Want to stay up to date with the latest news?

We would love to hear from you! Please fill in your details and we will stay in touch. It's that simple!