Flying Money Conference: Stefan Heidenreich - Meaning of Crypto in the City from meaning of accounting information Watch Video
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Description: Innovative payment systems have many different names in national and international contexts. They may be called virtual, digital, local, alternative or crypto. Examples include Bitcoin, Ethereum and Ripple. The European Banking Authority defines virtual currencies as a digital representation of value that is neither issued by a central bank or public authority nor necessarily attached to a legal tender. Despite the fact that they are not being backed by national banks and often aren't even licen