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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Portsmouth City Now Opens to Pay Taxes in Crypto

England’s Portsmouth has announced that its residents can now pay their taxes and other fees in Bitcoin and other cryptocurrencies supported on the Paypal app.

by Godfrey Benjamin
Mar 24, 2022

CRYPTOCURRENCY

Portsmouth City Now Opens to Pay Taxes in Crypto

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