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Norway offers resilient, low-cost, renewable energy, enabling you to operate sustainably and minimize costs.
TECLA has provided blockchain accounting, tax, and consulting services to blockchain companies and exchanges since 2013. Moreover, TECLA presently helps dozens of domestic and international companies in this industry.
At Tecla, our team can support with the end-to-end setup of blockchain and crypto company structures, with a focus on crypto exchange and wallet services licensing for virtual asset service providers (VASPs).
Have questions? We are happy to answer them.
Cryptocurrency is a type of virtual currency that uses cryptography to secure transactions that are digitally recorded on a distributed ledger, such as a blockchain. A transaction involving cryptocurrency that is recorded on a distributed ledger is referred to as an “on-chain” transaction; a transaction that is not recorded on the distributed ledger is referred to as an “off-chain” transaction.
Yes. When you sell virtual currency, you must recognize any capital gain or loss on the sale, subject to any limitations on the deductibility of capital losses.
In order for cryptocurrency to be mined, it requires specialised high-performance hardware to solve computational algorithms accurately, quickly, and efficiently – datacentres offer the raw power and performance needed to efficiently mine various cryptocurrencies.
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