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Cryptocurrency Risks

Cryptocurrency Risks

Cryptocurrency has been a major asset for a lot of businesses out there, but accepting Cryptocurrency still comes with risks. Among these is the price volatility, which could result in some Cryptocurrencies drastically changing value moments after the transfer.

If a Cryptocurrency crashes before a business can convert the coins into dollars, it could result in a loss. In addition, the support infrastructure for Cryptocurrency simply is not in place yet. 

For more information or to speak with an attorney today, email: ross@rosspitcofflaw.com or call: (646) 386-0990. We’d be happy to help!

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