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Local 18-year-old helps develop Cryptocurrency website to teach beginners how to safely navigate it.

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Local 18-year-old helps develop Cryptocurrency website to teach beginners how to safely navigate it.

WACO, Texas (KWTX) – As Cryptocurrencies, such as Bitcoin or Litecoin, become more popular in this digital age, one local home-school student is helping other students and new users learn the basics of Cryptocurrency trading so they can safely navigate it.

For those who don’t know, Cryptocurrency is a digital currency and just another form of payment all on your phone or computer.

However, because it’s all digital and doesn’t use banks there is a risk of losing all of your investments should you get hacked, which is what the developers of “Learn2Earn Solana” hope to prevent.

One of the developers, 18-year-old Azura Bacon, was just 15-years-old when she began learning about Cryptocurrency, finding a passion for it.

“I started making NFTs and then my dad taught me more and more,” Azura shared, “I think it’s really cool how big of a community there is and how it can bring all these different people in like… basically from all over the world together”.

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Explaining that for beginners it can be hard to understand and know how to properly protect your investments.

“It’s just a lot of information… I think of it as a different language that you have to learn,” Azura explained.

Making it easier for them to be hacked or scammed out of their money, which happened to Alex Bondar, a high school student in California who started cryptocurrency when he was 14.

“When I first started I didn’t know where to put my money so I just put my money somewhere, and I thought I was going to get the reach of it, but I didn’t get it,” Alex said.

Just over a month ago Azura connected with Ali Mohammed, who goes to the same school as Alex in California and has also been using cryptocurrency for years.

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They immediately began bouncing ideas off of each other for a way to help other beginners.

According to Ali, “we were talking and I was like, you know I wish when I first started crypto that this was a website or like there was something that would help new users learn how to trade and how to avoid scams, learn how to analyze charts”.

Designing and launching L2E Sol, which has everything from how to get started. “Here it’s going to teach you how to get your wallet set up and get ready to start basically purchasing different coins,” Azura said.

To definitions and examples. “It shows you the different meanings, how to spot a rug with the pictures, that way you know what you’re looking at,” she explained.

And while they’re proud of what they’ve created so far, Azura says they also want to go beyond the website.

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Azura: “We’re thinking about getting into like schools and universities to teach other students about cryptocurrency and teach like… basically spreading the word,”

So if you want to get into Cryptocurrency but don’t know where to start, or just want to learn more about it, click here.

Crypto

Crypto Tax Pressure Reaches Congress as Lawmakers Face Urgent Push to Rewrite Federal Rules

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Crypto Tax Pressure Reaches Congress as Lawmakers Face Urgent Push to Rewrite Federal Rules
Lawmakers are confronting rising pressure to modernize cryptocurrency tax policy as uncertainty clouds compliance, threatens U.S. competitiveness, and forces Congress to weigh legislative action amid warnings that capital and innovation could move offshore.
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Cryptocurrency becomes trendy holiday gift option

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Cryptocurrency becomes trendy holiday gift option

PHOENIX (AZFamily) — Cryptocurrency is appearing on more holiday wish lists as gift-givers look for alternatives to traditional presents.

A new survey from the National Cryptocurrency Association and PayPal shows 24% of Americans have given or are considering giving cryptocurrency this holiday season.

The survey also found that 17% of consumers would rather receive cryptocurrency than a gift card, and 31% of Americans believe crypto gifts are less likely to go unused than gift cards.

“It’s actually a trending holiday gift, especially compared to gift cards,” said Ali Tager, a spokesperson for the NCA. “We know crypto is becoming increasingly mainstream.”

Tager said people like receiving cryptocurrency because it has the potential to increase in value.

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“There’s so much you can do with this technology and it’s still in its early days,” she said.

Financial advisor Angelica Prescod said there are other investment options to consider for gift-giving.

“One of them is just gifting people something simple. Maybe some shares of some stocks that you may already have, that you are gifting over, or you can give them the cash to do so and open up their own account and feel involved in the process,” Prescod said. “For most folks [cryptocurrency] is not really the go to.”

Gift-givers can also contribute to 529 plans for college and other education expenses.

“It’s that gift that potentially can keep on giving,” Prescod said.

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For those still interested in giving cryptocurrency, experts recommend doing research first.

“Like with everything, anywhere, you always want to do your research. You want to make sure to verify your sources. You never want to take financial advice from strangers or click on random links that you receive,” Tager said.

The National Cryptocurrency Association offers a crypto simulator that helps users learn how to choose an exchange, set up a wallet, and send and receive cryptocurrency without spending real money.

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Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens

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Visa Targets Banks and Fintechs With Stablecoin Advisory Launch as Adoption Pressure Tightens
Visa is moving deeper into stablecoin-powered payments as adoption surges, launching a new advisory practice to help banks, fintechs, and enterprises design, assess, and deploy stablecoin strategies across global payment and treasury operations.
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