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Palm Beach, FL – February 10, 2021 – With advanced technological developments, virtual currency exchange methods have been invented and evolved rapidly in past few years, and have emerged and commonly known now, all around the world as ‘cryptocurrencies”. Prior to then, virtual currencies were initially limited for demonstrable transactions in social and gaming economies. The cryptocurrencies were aimed to eliminate financial intermediaries by direct peer-to-peer transactions. Most of the developing countries like the U.S., Germany, China, and the U.K. have started adopting cryptocurrencies as an exchanging medium. The terms used for the digital currency varies from country to country, such as payment token (Switzerland), digital currency (Thailand, Australia, and, Argentina), crypto-token (Germany), virtual commodity (Taiwan, China, and Canada), virtual asset (Honduras and Mexico), cyber currency (Italy and Lebanon), and electronic currency (Colombia and Lebanon). Recent ....

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