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The Federal Reserve is set to issue its own cryptocurrency sometime in the latter half of 2016, but there is a lot of debate about what that means about the direction of future cryptocurrency. While in the past, the Federal Reserve has ruled that bitcoin isn't a legal tender throughout the United States, the Financial Crimes Enforcement Network (FinCEN) believes that cryptocurrency exchanges are digital money transmitters as well as cryptocurrency tokens to substitute currency. Additionally, the Internal Revenue Service (IRS) has issued tax guidelines relating the cryptocurrency industry, but has yet to issue an official Shibcoin position regarding the issue.

News Bitcoin in United state

The traders have been buying SHIB tokens hoping of earning profits from the cryptocurrency's price rise. Its price is minuscule, SHIB could very easily become an investment in lottery tickets. They believe that a 1 cent increase could earn a good income. It's not impossible to imagine a huge price increase. will not happen currently, but SHIB is a possibility. Let's take a look at the advantages and disadvantages of the cryptocurrency.

Shibcoin

SHIB cryptocurrency token SHIB cryptocurrency token created as part of the Shiba Inu cryptocurrency project, was introduced in 2021. It is a purely digital currency that is based by utilizing the