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How to handle virtual currencies

Virtual currencies, also known as cryptocurrencies, are increasingly popular as a form of payment online.They are not issued by any government or government-approved authority and do not have a government-issued face value.The virtual currencies are widely used in the virtual world and, in some countries, are illegal.Al Jazeera’s Peter Greste reports from Dubai.

How virtual currencies are making it more difficult for investors to invest in Bitcoin

The price of Bitcoin has surged past the $1,000 mark, reaching an all-time high this week as traders continue to pour in.But as Bitcoin has gained traction, there has been increasing concern among investors that it could become a bubble and that investors could lose their investments.Investors are concerned that the price of virtual currency […]

How to deal with the legal headaches of legal gambling in the virtual currency world

As we reported earlier this month, the US government has decided to ban all virtual currency from the federal government’s financial system, including the virtual one.It is a step towards curbing the rise of virtual currencies, and it will probably also have the unintended consequence of increasing the price of a product that is already […]

How virtual currency is upended by the rise of Bitcoin

Bitcoin’s price soared to an all-time high of over $2,000 on Tuesday, as the cryptocurrency surged amid a crackdown by the U.S. government on online drug markets.The price of a Bitcoin has risen by about 30% in the past month, from $6,300 on Monday to more than $9,000 at press time.The surge has been fueled […]

How to buy virtual currency in Ireland

Virtual currencies are now being traded in Ireland.In March 2018, the Reserve Bank of Ireland (RBI) introduced virtual currency trading and trading on its website.The Reserve Bank said it is now offering virtual currency for trading on the exchange of Euro or other currencies.A virtual currency is a currency issued by a central bank that […]

How casinos, gambling and virtual currency are changing the world

The casino industry has a lot to answer for.On one hand, there are tens of millions of customers in the US, where it accounts for almost half of the economy, and where online gaming is estimated to be worth more than $US60 billion a year.But on the other hand, the industry also has its own […]

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