Cryptocurrencies are a type of digital asset that uses cryptographic encryption to ensure the ownership and integrity of exchanges, as well as to control the creation of additional units, that is, to prevent someone from copying a cryptocurrency as we would a photo. These assets do not exist in physical form, they are stored in a digital wallet.
Cryptocurrencies have characteristics that make them totally different from conventional money: they are not controlled or regulated by any bank and do not require any type of intermediary present during transactions, for this a decentralized database known as "blockchain" is used.
Once again, the possible regulation of cryptocurrencies is back in the news, but this time with a more concrete measure. It is that two senators in the United States presented a broad bipartisan bill that seeks to regulate cryptocurrencies and other digital assets.Read More