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Some of these exchanges are operated by online stock brokerages, a portable cold wallet.
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Economist explains the two futures of crypto - Tyler CowenTherefore, it appears cryptocurrency should not be accounted for as a financial asset. However, digital currencies do appear to meet the definition of an. It's an asset. It's not something that people use for transactional purposes on a regular basis. The exchange rate is also positively correlated with the price of gold. The empirical evidence, together with the theoretical framework leads to the conclusion that.