As PayPal move cryptocurrencies from representing an asset class to being closer to a form of fiat currency, further complexities around regulation and taxation will necessarily follow. Our resident expert, Gary Ashord, is here to help.
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"We think it is a transitional point where cryptocurrencies move from being predominantly an asset class that you buy, hold and or sell to now becoming a legitimate funding source to make transactions in the real world at millions of merchants," Mr Schulman said.
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