“In Chapter 7 bankruptcy, your cryptocurrency might be liquidated to pay off creditors. However, in Chapter 13, you may be able to keep your digital assets if their value is factored into your repayment plan.”
North Carolina's Crypto Revolution: State Retirement Funds and Estate Planning in the Digital Age
“North Carolina's proposed bills represent a significant step towards integrating cryptocurrencies into mainstream financial systems. If passed, these initiatives could set a precedent for other states and potentially influence federal policies on digital assets.
For individuals, the potential inclusion of cryptocurrencies in state retirement funds underscores the growing importance of understanding and planning for digital assets in estate planning. While cryptocurrencies offer exciting opportunities, their volatility and unique technological characteristics require careful consideration and planning.”
5 Foolproof Strategies for Protecting Your Cryptocurrency and NFT Assets
“To mitigate these risks, it is crucial to take control of your digital wealth. By implementing robust security measures and adopting best practices, you can significantly reduce the likelihood of falling victim to cyberattacks or scams. The following foolproof strategies will help you secure your cryptocurrency and NFT assets effectively.”
