Top 10 Important Cryptocurrencies Other Than Bitcoin, Last Week in Cryptocurrency: Following economic sanctions imposed by the EU and other countries on Russian entities, there is speculation that these entities may utilize cryptocurrencies to facilitate transfers of money outside of the traditional banking system. Elsewhere in the world, a Brazilian government bill which would regulate certain aspects of the cryptocurrency market has advanced to a vote on the country’s Senate floor.
Types of Altcoins
Cryptocurrencies
Cryptocurrencies are intended for payments, transmitting value (akin to digital money) across a decentralized network of users. Many altcoins (i.e., those that are not Bitcoin or sometimes Ethereum) are classified in this way and may sometimes be called value tokens.
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