What Are the Laws for Cryptocurrency?

Le bitcoin et la crypto-monnaie sont devenus plus courants et largement acceptés comme investissement et moyen de paiement. PayPal propose désormais des plans Mastercard et crypto-monnaie pour ajouter de la crypto-monnaie à votre réseau de paiement.

Malgré la popularité croissante, il existe peu de protections et de réglementations des consommateurs pour les crypto-monnaies. D'une manière générale, la Commodity Futures Exchange Commission (CFTC) réglemente les marchés à terme et au comptant des crypto-monnaies, tandis que la Securities and Exchange Commission (SEC) supervise les crypto-monnaies émergentes, y compris les initiales de pièces de monnaie (ICO), pour s'assurer qu'elles ne sont pas destinées à être titres. . Nous examinerons les problèmes liés aux lois sur la crypto-monnaie et ce qui est en préparation pour la réglementation.

Qu'est-ce que la crypto-monnaie ?

La crypto-monnaie est de l'argent virtuel qui peut être utilisé pour les paiements et autres transactions financières. Sans doute la crypto-monnaie la plus reconnue, le Bitcoin a été introduit en 2009. Aujourd'hui, il existe plus de 4 400 crypto-monnaies disponibles sur le marché. Cependant, le bitcoin reste de loin le plus populaire, avec cinq fois la part de marché de son concurrent le plus proche.12

Les crypto-monnaies sont achetées, vendues et transférées en ligne et détenues dans des portefeuilles numériques. Les portefeuilles numériques peuvent être hébergés par une bourse ou un autre service financier qui gère les paiements, les achats et les ventes en crypto-monnaie. Les portefeuilles numériques peuvent également être non hébergés, ce qui permet au propriétaire d'envoyer des paiements en crypto-monnaie directement d'un portefeuille de partie à un autre. Il n'y a pas de banques ou d'autres intermédiaires financiers impliqués dans les transactions non hébergées et les transactions sont en grande partie anonymes.

Les investisseurs peuvent détenir la crypto-monnaie directement dans un portefeuille numérique ou indirectement en achetant un titre comme Grayscale Bitcoin Trust.

Réglementations actuelles et proposées sur les crypto-monnaies

Actuellement aux États-Unis, les réglementations concernant les crypto-monnaies ne sont pour la plupart que des propositions et sont basées sur le Bank Secrecy Act (BSA) de 1970 et le Patriot Act.

Avis

La BSA exige des institutions financières américaines qu'elles aident à détecter et à prévenir le blanchiment d'argent et le financement du terrorisme.

Après les attentats de 2001 contre le World Trade Center, des amendements à la BSA et au titre III du Patriot Act ont exigé des institutions financières américaines qu'elles identifient, signalent et dissuadent activement les activités de blanchiment d'argent orchestrées par des terroristes. .

Le Financial Crimes Enforcement Network (FinCen) est l'agence du Trésor américain responsable de l'administration de la loi sur le secret bancaire et de la collecte et du partage de renseignements sur les crimes financiers.

FinCen a publié des directives en 2013 pour inclure les échanges de crypto-monnaie (lieux où vous pouvez acheter et vendre de la crypto-monnaie) dans la définition d'un émetteur d'argent, les soumettant aux règles BSA et Patriot.

Avis

En 2019, 119 milliards de dollars de transactions suspectes en crypto-monnaie ont été signalées au FinCen.4

En décembre 2020, FinCen a proposé de nouvelles règles contre le blanchiment d'argent des crypto-monnaies. Les nouvelles règles exigeraient que les émetteurs d'argent identifient et conservent des enregistrements de toutes les parties aux transactions de crypto-monnaie de plus de 3 000 $ avec un portefeuille non hébergé ou un portefeuille hébergé dans un pays « à problème » répertorié par FinCen. Si la transaction dépasse 10 000 $, l'émetteur doit déclarer les noms et adresses de tous les payeurs et destinataires au FinCen. Les règles proposées sont très similaires aux règles applicables aux virements électroniques.5

L'administration Biden a gelé toutes les modifications de règles en attente, il n'y a donc pas eu d'autre action sur la proposition de FinCen. Cependant, dans une interview de février 2021 avec CNBC, la secrétaire au Trésor Janet Yellen s'est dite préoccupée par le fait que Bitcoin est "inefficace" et peut être utilisé "souvent pour un financement illicite", il semble donc probable qu'il y ait une réglementation supplémentaire sur la crypto-monnaie à un moment donné.6

Préoccupations juridiques concernant l'utilisation des crypto-monnaies

Le rapport Cyber ​​​​Task Force 2020 du procureur général des États-Unis a identifié trois domaines de préoccupation concernant l'utilisation des crypto-monnaies:

L'utilisation directe des crypto-monnaies commet des crimes et finance le terrorisme

Utilisation de crypto-monnaies pour blanchir de l'argent et échapper à l'impôt

Vol de crypto-monnaie et fraude à l'investissement.

Dans

• TWT
• SHR
• ADD

 

What Is Bitcoin?

Bitcoin Definition and Example

Bitcoin is a form of digital currency that is created and stored electronically on a computer. Bitcoins are not physical money like dollars, nor are they recognized as currency by central banks or monetary authorities, although in 2021 El Salvador adopted bitcoin as legal tender.

Bitcoin is widely considered to be the first cryptocurrency. It is produced, or extracted, using advanced computer software that solves mathematical problems.

Notice

The Commodity Futures Trading Commission (CFTC) in the United States designates Bitcoin as a commodity since Bitcoin exchanges offer derivative contracts or options on the value of the cryptocurrency. Even with the introduction of bitcoin-related ETFs, bitcoin is difficult to categorize as it is still new and different from other available assets.1

Bitcoin has several attributes that set it apart from traditional currencies as a global medium of exchange. Central banks or monetary authorities do not control the amount of bitcoins. Bitcoin is also decentralized, which effectively makes it global. If you have a computer, you can set up a bitcoin address to receive or transfer bitcoins in seconds. Bitcoin is somewhat anonymous and allows you to maintain multiple addresses. Setting up an address does not require any personal information.

how bitcoin works

"Mining" is the term for the work done to create bitcoin. Mining software solves an increasingly complex math problem. When a bitcoin is created, it enters circulation and can be used in transactions or stored.

A bitcoin is also divided into smaller increments, called "satoshis." There are 100 million satoshis for one bitcoin that can be used in transactions depending on its market value.2 For example, if one bitcoin is worth $66,000, then one satoshi is worth $0.00066. You would need 1515 satoshis to buy an item that costs $1.

Notice

Bitcoin is a fixed asset, as there are only 21 million bitcoins. There are almost 19 million in circulation.3

One of Bitcoin's most exciting inventions is Distributed Ledger Technology (DLT), also known as the "blockchain." DLT has incredible potential for businesses and consumers who need a secure way to record asset transactions. The blockchain cannot be modified by anyone, tracks ownership, and allows for immediate and efficient bitcoin transfers.

You can use Bitcoin through a computer, phone, or other devices to pay for items regardless of banks or government authorities. For this reason, it is often stereotyped as the currency used in black market transactions. However, as the technology grows in popularity, brick-and-mortar retailers are beginning to adopt it as a means of payment.

Notice

Bitcoin does not go through the traditional banking system; rather, it circulates from one digital wallet to another. Bitcoin cannot be held or kept in a pocket or physical wallets like coins or paper money; it is purely a computerized medium of exchange.

Notable events

The anonymous creators of bitcoin, known as Satoshi Nakamoto, first proposed Bitcoin in a 2009 white paper as a means of payment based on mathematics. The idea behind bitcoin was to create a monetary system that did not involve banks; instead, it would operate using a decentralized ledger known as a “blockchain.”4

Bitcoin's value first topped $1,000 in January 2017 before hitting a high that same year. Since then, its value has seen periods of phenomenal growth, as well as huge sales. The price of Bitcoin skyrocketed to over $19,000 at the end of 2017, but fell to almost $3,000 a year later. It peaked at nearly $65,000 in April 2021. This peak was broken in October 2021, when ProShares introduced the first bitcoin-pegged ETF on the New York Stock Exchange.35

Is Bitcoin legal?

Bitcoin and other cryptocurrencies are legal in the United States and in several other countries around the world. However, they are not legal tender, which means they are not backed by any government; therefore, consumers or businesses using cryptocurrency do so at their own risk.6

• TWT
• SHR
• ADD

 

Top 7 Ways to Make Money Online

If you are looking for tactics to form cash on-line then you've got return to the correct place. during this article, you may discover the highest seven ways in which anybody will generate financial gain on-line.

One of the nice things concerning the web is that you simply will get in business for yourself from the comfort of your home. All you would like is a web association, and you'll be able to build cash on-line. Diving into the web world can free you from the daily nine to five grind of a table job and afford you longer to travel, savours hobbies, and pay time with the family.

Another and is that there area unit numerous other ways to form cash on-line. To start, all you have got to try and do is establish the profitable niche market acceptable for you. After that, there isn't any have to be compelled to rent workers, rent space, or purchase high-priced piece of furniture (unless you wish to).

Here area unit a mixture of tried and true on-line ventures, additionally as new businesses and niches:


ILLUSTRATION BY CATHERINE SONG. © THE BALANCE, 2018
1. Affiliate selling
You may already recognize that affiliate selling is one among the oldest on-line moneymakers out there. Here’s however it works:

As a web enterpriser, you'll have your own net presence: web site, blog, social media platforms, landing pages, sales pages, banner ads, or e-commerce web site. however rather than commercialism your own product, you sell the product of different corporations. you'll be able to use many of those mixtures, if you prefer, as long as you get your selling message to the general public.
Then, choose a hot affiliate niche market; one with several potential customers. investigate social media to ID trends and see what’s hot on sites like Amazon and CJ Affiliate, as an example.
Provide vital content and selling messages geared toward your prospects.
When customers on your digital platform click on a link to form a procurement, they're taken to your affiliate partner’s web site to complete the transaction—and you get a commission for each completed sale. the most effective half is you don’t got to manage shipping or client service.
Affiliate selling is one among the quickest and best ways in which to begin an internet busniess as a result of all you have got to try and do is promote the product. you do not got to worry concerning making product, fixing payment and delivery systems, or handle client support.

You just merely drive the traffic and acquire them to click over to the businesses you're promoting as associate affiliate and if a sales is formed you get a comission for referring that sale.

2. commercialism on Amazon, eBay, Etsy, and Cragslist
One of the fastest ways in which to urge started commercialism on-line is to leverage the ability of third-party sites. E-commerce giants like Amazon, eBay, Etsy, and Craigslist area unit powerful sales and selling platforms with a intrinsic prospect base. countless folks often look on these sites, and therefore the numbers continue to grow.

These mega-sites build it straightforward to line up look therefore customers will browse your product, and there is no have to be compelled to build your own web site. Also, you’ll realize a intrinsic search feature in order that interested consumers will simply realize your on-line shopfront. Plus, you get to use the site's cart. In short, you avoid a great deal of the expense associated trouble of fixing an freelance e-commerce web site.

Amazon: With Amazon, you'll be able to even have them fulfil your orders. The digital retail merchant additionally says there area unit over 2 million sellers on their web site, representing forty % of all sales. Another advantage of victimization Amazon (as well as these different third-party sites) is that folks already trust them and area unit a lot of seemingly to shop for off of them then from your own independant web site if you had one.

eBay: With eBay, the procedure is incredibly similar. you just begin by changing into associate eBay vendor and keep in smart standing by ensuring your PayPal account is verified, then you'll be able to sign in for your store. These 3 steps enable you to piggyback on eBay’s name, reach, and sales and selling infrastructure so as to sell your own product. although you'll be able to list one value on eBay the large advantage of their platform is that the auction system that let's your prospective consumers get into bidding wars - driving up the value you'll be able to sell at with the things you're listing.

Etsy: If you are tricksy, Etsy is wherever you must started look. the net portal is targeted on handcrafted and distinctive one-of-a-kind things and has one.5 million sellers round the world. And, like Amazon and eBay, you'll be able to started your own on-line look on Etsy's web site.

Craigslist: maybe one among the oldest sites once it involves listing things available this is often still a good place to list and sell things.

All four of those sites area unit a awfully straightforward thanks to begin your digital career, though you are doing got to pay fees starting from $0.99 per item for Amazon, to $0.10 for eBay, to $0.20 for Etsy.

Note
The common denominators among all 3 sites area unit that you simply have to be compelled to use clear, high-quality photos of your product, keep product descriptions elaborate and specific, and recognize what your competitors charge therefore you do not out-price yourself.

3. Blogging
Old-fashioned blogging is alive and thriving. If you offer valuable content on an everyday basis, you attract like folks curious about your niche info and product. Your readers area unit compelled to stay reading to search out out a lot of and purchase.

These folks area unit fit to shop for your product either via ads or affiliate links in your posts. Why? as a result of you’ve been providing helpful free (targeted) content and other people have return to understand and trust you.

Also, you create your web site / on-line shopfront enticing within the eyes of Google by often adding helpful info within the variety of articles, videos, etc. This leads to higher rankings in Google's computer program therefore, hopefully, you seem on page one as a result of the general public don’t attend page 2 on Google.

There area unit many ways you'll be able to decriminalize a web log and therefore the taffic you get to that. you'll be able to promote product as associate affiliate, promote your own product and services, and have ads on your web log additionally.

4. Niche E-commerce
As a startup net enterpriser, you are not competitory with e-commerce titans or major retailers like Walmart. you furthermore may do not want a warehouse or a supplying system to sell your wares.

What you are doing have to be compelled to succeed is to narrow-focus. In different words, realize your niche, and persist with it. That manner you become the go-to professional and seem high within the computer program rankings.

The most vital factor is that there has got to be a marketplace for your niche. as an example, you would possibly have a passion for 16th-century French poetry, however you will not attract a great deal of readers.

When it involves e-commerce the secret is to possess a awfully specialised focus that pulls a awfully specific audience.

Note
Instead, realize the new trends and markets that area unit current at once and marry those to your cognitive content. concentrate to the news, social media feeds, and popular things on Amazon and eBay to urge a scan on what markets you wish to enter.

5. Your Own YouTube Channel
Top YouTubers will build millions every year, which includes five year-olds. Take PewDiePie United Nations agency has created over $15 million motion-picture photography himself enjoying video games. however you don’t want countless viewers to form cash on YouTube.

Some concepts for valuable videos embody how-tos like recipes, unboxing (where you open a product for viewers), food and travel reviews, music videos, comedy skits, and so on.

Here's the way to build cash on YouTube:

Set up your YouTube channel, the place wherever your videos can live.
Upload videos systematically and be specific once describing the content in your video. check that your videos area unit high-quality and contain helpful or amusive content. you do not want a flowery camera to urge going; a smartphone can fulfil within the starting.
Put the word out on your social media platforms like Facebook and your email selling list. you must additionally share the videos on social media or introduce them on your web log or web site.
Respond to comments from viewers to make a lover base. Your job is to draw in and keep viewers.
Monetize your endeavor by permitting YouTube to incorporate ads in your videos. once viewers click on an advertisement, you split the fee with Google. The a lot of views, the a lot of revenue for you.
One different factor to say, you do not got to get ahead of a camera to form cash with YouTube videos. several of the foremost booming YouTube channels area unit screen capture videos with tutorials of code or videos wherever you're seeing somebody do one thing or do a voiceover; ne'er having to truly seem on camera.

6. commercialism E-books
The internet has place a dent within the ancient business world. lately e-readers area unit all the trend.

E-books represent concerning twenty % of all book sales within the U.S. the nice news is you don’t got to be a publisher with deep pockets to urge in on the action. As a solo net enterpriser, you'll be able to sell ebooks directly from your own web site. you'll be able to sell your own works or sell a property right work. merely transfer it to your web site (or vendor account on Amazon) and begin business it on your social media platforms, on your email list, your blog, website, etc.

7. Develop Apps
Whether it’s associate iPhone or robot, it's got apps and everyone's got one in their pocket.

You can't vie with the likes of Pandora and Pinterest, however you'll be able to get in on the action. If you have got a lightweight bulb moment that addresses a desire that folks have, then produce associate app that meets that require. It may well be a replacement thanks to store photos or a podcast transfer organizer.

Don't panic if you are not a coder. You’re the thought person. you'll be able to rent folks to make it. With the supply of programmers obtainable at affordable rates, you'll most likely realize somebody on a web site like Upwork. Of course, the precise quantity you’ll pay your developers depends on the quality of the app.

You should produce your app in order that it works on each varieties of smartphones, Androids and iPhones. That manner you maximize your client base.

• TWT
• SHR
• ADD