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Test Your Knowledge

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Is it possible to pass on your cryptocurrencies after death?

Question 1:


What is a major challenge in cryptocurrency inheritance?

A. The inability to transfer assets across borders.


B. The reliance on private keys for access, which may not be shared or documented properly.


C. The lack of available digital wallets.

Question 2:


Why is the legal framework for cryptocurrency inheritance often unclear?

A. Cryptocurrencies are illegal in many jurisdictions.


B. Cryptocurrencies are not recognized as assets in most countries.


C. The decentralized nature of cryptocurrencies makes it difficult to establish clear inheritance laws.

Question 3:


What is a privacy concern when it comes to cryptocurrency inheritance?

A. The risk of the digital wallet being hacked.


B. The difficulty of transferring cryptocurrencies between exchanges.


C. The decision of how much information to share with heirs or third parties.

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