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The Role of Crypto in the Russia-Ukraine War

The role of cryptocurrencies like bitcoin has been a topic of discussion during the Russian invasion of Ukraine, particularly due to the economic sanctions placed on Russia. Cryptocurrencies are also playing a role in helping Ukrainian refugees move money out of the country due to their ability to cross borders regardless of rules or regulations. 

Converting cryptocurrency to cash

The cryptocurrency market has developed at a rapid pace over the last few years. For consumers, cryptocurrencies can offer a cheaper and faster peer-to-peer payment option compared with traditional money services, as well as enhanced privacy and protection. As these currencies continue to gain momentum and investors generally appear confident about the opportunities associated with

The big crypto trends to watch out for in 2022

2021 was a big year for cryptocurrency, skyrocketing investors’ interests and discussions in popular culture. But what’s next? The crypto industry is constantly evolving. While it’s impossible to predict precisely what will happen in the long term, we can follow current themes from regulation to the adoption of crypto payments to better understand the market.

Crypto tax UK: What you need to know

Cryptocurrencies – particularly Bitcoin – have made it mainstream in recent years, making them almost impossible to ignore. Yet, a veil of mystery surrounds the subject, especially when it comes to crypto tax. Thankfully, HMRC was one of the world’s first tax offices to release clear guidance on cryptocurrency tax in the UK – and

A beginner’s guide to cryptocurrency

Described by many economists as the ‘future of money’, cryptocurrencies are big news taking the world by storm. Spearheaded by Bitcoin, which launched in 2008 as the first-ever cryptocurrency, there are now thousands of these digital assets growing day by day. However, that doesn’t make it any easier to grasp. So, if you find yourself


One of the world’s largest cryptocurrency markets, China, has ruled that transactions of cryptocurrencies are illegal, banning all digital tokens such as Bitcoin and other major coins. According to a notice published on The People’s Bank of China’s website, it means crypto-related transactions will be considered illicit financial activities. While it may be illegal for


Many people call cryptocurrency the next step in the evolution of money. Since we have never had money like it before, it’s normal to question the concept and compare it with traditional currencies. “Business owners need to stay informed on financial trends in order to take advantage of new opportunities,” says Granville Turner, Director at

The Emerging World of Cryptocurrency

As the name suggests, cryptocurrencies are an emerging currency based on cryptography. Bitcoin is the most famous example, but new ones are being launched all the time. But with so much information out there about cryptocurrencies, it can all get a bit bemusing. “As it happens, cryptocurrencies have been in existence for quite some time,

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.