What California Car Dealers Need to Know About Acceptance of Payment via Cryptocurrency
Guidance for California car dealers on accepting cryptocurrency payments and navigating DFAL requirements.
Category: Cryptocurrency
Risk And Regulation Of Digital Currency
Risks And Regulation Of Digital Currency Digital currency is a new electronic payment system that involves the use of software code to function as money over a computer network, much like the internet. The most famous digital currency is Bitcoin. At bitcoin.org under the tab “you-need-to-know” states “Bitcoin is an experimental new currency that is in active development…. Be prepared for problems and consult a technical expert before making any […]
What Is Digital Currency And How Does It Function?
Digital currency is a new electronic payment system that involves the use of software code to function as money over a computer network, much like the internet. The most famous digital currency currently is Bitcoin. Digital currency is built on the equivalent of a computer operating system, called a blockchain. A digital currency has each of its monetary units (called “coins”) in an electronic registry, which is stored in computer […]