The legalization battle of cryptocurrencies is going on ever since the success stories of bitcoin started surfacing on the internet. The term ‘cryptocurrency’ refers to a digital currency that is used for performing digital transactions and uses cryptography to ensure the security of such transactions.
Bitcoin (BTC) may have been the first widely successful cryptocurrency, but it was soon followed by many others, including Ethereum (ETH), Litecoin (TCC), Dash, Ripple and more. Now, we have so many cryptocurrencies that we often wonder which ones are actually legal and which are not.