The Currency Scene
What Happens To Your Bitcoin After You Die?
- Written by: Investopedia
- Category: Digital Currency
Bequeathing assets in the form of inheritance is a long standing wish for many individuals, whether it is to their children or grandchildren, to a university, or to a charity. When it comes to bank accounts, investments, or property, there are established rules, laws and protocols that are followed such as the use of wills, life insurance, trusts, and probate. How does one, then, transfer ownership of Bitcoin to their heirs?
According to Jewish Law is Bitcoin Considered to be Money?
- Written by: Chabad
- Category: Digital Currency
Recently a Florida Judge ruled that Bitcoin isn't money. This ruling ended up throwing out an anti-money laundering charges against one Michell Espinoza. Whether Bitcoin is considered money or not could have further implications not only in the legal cases but how governments regulate (or try to regulate) this "digital currency". However looking through the lense of history, would Bitcoin been considered "money"?
What to Consider When Converting Bitcoin to Fiat Currency
- Written by: The Merkle
- Category: Currency
When people think of exchanges to sell their Bitcoin, there are a lot of caveats to take into account. First of all, it can take a while to execute these payments, albeit most services do so within 24 hours. On the other hand, international wire transfers remain very expensive. Bitcoin can’t solve that problem when users want a bank transfer in fiat.
Why Lawmakers are Protecting Cash Usage
- Written by: Samir Kadi
- Category: Currency
Efforts to ban cashless retail are gaining momentum across the nation. Earlier this year, Philadelphia became the first major city to ban cashless retail stores in an effort to protect consumer access to the marketplace. New Jersey, San Francisco, Massachusetts, and other cities and states quickly followed suit. In total there are 11 bills currently approved or making their way through the legislative process.
Are ATM Fees Too High? That depends on what the meaning of zero is!
- Written by: Matthew S Daye
- Category: ATM
Despite the continued push in many countries for more government oversight and new legislation aimed at reducing ATM fees, just what costs do we really face when we need to get some quick cash? With very little effort those costs can be... uh... zero!
Ten Common Mistakes Crypto Investors Make
- Written by: Crypto Maniaks
- Category: Digital Currency
Do you like losing money? Of course you don't! Though this question may seem trivial at first, do you know that thousands of cryptocurrency investors lose money every day by making perfectly preventable mistakes? Check out our infographic on how you can avoid making any of the 10 most common mistakes when investing in digital currency.
Why Don’t ATM Operators in Japan Want to Give You Money?
- Written by: Matthew S Daye
- Category: ATM
After several years of government pressure Japan’s three biggest banks are beginning to connect their ATM machines to the global network of ATM Operators. The banks resistance to globally connected ATMs has frustrated tourists short of yen. However, with the expected tourism boom from the 2020 Tokyo Olympics, the banks are examining their ATM operations.
Currently, foreign visitors to Japan find that their overseas cards are useable only at few banks such as the Seven Bank and Japan Post Bank.
