Title: New Cryptocurrency Act
description: It can be expected that the upcoming cryptocurrency law will introduce a tax system for cryptocurrency holders, investors, traders and others with access to insider information.
Taxation is one of the important regulations that can be expected from the Cryptocurrency Act. The reports we have managed to reach speak of the government's plan to introduce the digital currency of the central bank or CBDC. CBDC is just a digital currency, issued by a central bank or RBI. In some time, you can also expect regulations in cryptocurrency mining, which is an industry in its own right. The cryptocurrency market is currently in a legal gray area.
Bitcoin is an innovative currency that is used in internet transactions.
Everyone has access to bitcoin and everyone can check how bitcoin works. This is possible because BTC was created on the basis of open source code, the so-called open source, which is characterized by universal access and freedom of use. Bitcoin has a huge advantage over fiat money - it cannot be counterfeited. Its code is based on the principles of mathematics and cryptography, and additionally it has a virtual form, so it cannot be reprinted or blocked. It is also not subject to recovery, blocking by the government or bank, or division.
keywords: cryptocurrencies, bitcoin, law, new, changes
