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French Gov. to Auction Off $34 Million in Bitcoin (611 BTC); Majority From 2019 GateHub Hack
An auction firm has been contracted to host the sale of 611 BTC before the end of the week on behalf of the French government. A French government agency in charge of the recovery and management of seized and confiscated assets will now sell 611 BTC using a local auction house. дальше »
2021-3-16 20:10 | |
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French government agency to auction $34 million worth of Bitcoin
The French government has decided to sell 611 BTC in an auction this week, with the French Agency for the Recovery and Management of Seized and Confiscated Assets holding the auction. Earlier this monThe post French government agency to auction $34 million worth of Bitcoin appeared first on AMBCrypto. дальше »
2021-3-16 01:00 | |
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India’s Internet and Mobile Association (IAMAI) Calls for Regulation not Ban of Digital Assets
The Internet and Mobile Association of India (IAMAI) has appealed to the government not to ban cryptocurrency. This appeal comes as reports continue to gather steam that the government intends to place major restrictions on cryptocurrency in the Asian nation. дальше »
2021-3-11 21:59 | |
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U.S. Government Announces Auction of Partial Bitcoin
The United States General Services Administration (GSA) website “offers the general public the opportunity to bid electronically on a wide array of assets no longer needed by the federal government ranging from office equipment and furniture to more select products like scientific equipment, heavy machinery, airplanes, vessels, and vehicles. дальше »
2021-3-9 00:02 | |
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India’s Central Bank Cites Financial Instability Due to Cryptocurrencies
On Wednesday, Governor Shaktikanta Das said that India’s central bank has “major concerns” about cryptocurrencies. He flagged potential risks leading to financial stability. Crypto Adoption Woes The Reserve Bank of India (RBI) has been fundamentally opposed to cryptocurrencies ahead of the government’s plans to introduce a law to ban this form of assets and instituteRead More дальше »
2021-2-25 00:00 | |
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Hong Kong’s Bitcoin trading ban could see users turn to ‘unregulated’ platforms
Hong Kong’s crypto users could shift to “unregulated” and riskier venues to trade their digital assets should the government move forward with tighter controls on the rising sector, a group of crypto exchange owners said over the weekend. дальше »
2021-2-17 19:56 | |
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Indian Government’s Cryptocurrency Ban Looms; Tells Investors to Transition Out of Bitcoin
The Indian government appears to be focused on its mission to eradicate cryptocurrencies from the country. However, a new report sheds some light on its approach to phasing out digital assets, explaining that the ban will follow a transition period. дальше »
2021-2-12 16:30 | |
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Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets
Sadly, this year has come with a jolt of reality, showing that all the progress of 2020 was essentially fruitless. Yes to a CBDC, No to Private Cryptos Earlier this year, the Lok Sabha Bulletin confirmed that the Indian government had introduced a new draft regulation that will see the country ban all private cryptocurrencies […] The post Indian Crypto Industry Reacts as Government Presents Bill to Ban Digital Assets first appeared on BitcoinExchangeGuide. дальше »
2021-2-9 20:16 | |
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Finnish Customs to sell 2016 confiscated Bitcoins now worth over $75 million
The customs service of Finland is planning to sell its Bitcoin assets, which the government agency had earlier confiscated in connection with criminal investigations related to drugs. According tThe post Finnish Customs to sell 2016 confiscated Bitcoins now worth over $75 million appeared first on AMBCrypto. дальше »
2021-1-7 19:16 | |
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Ukrainian government and Stellar to develop virtual asset and CBDC infrastructure
On December 28, the Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation (SDF) signed a Memorandum of Understanding and Cooperation, within which they will work on the development of a strategy for virtual assets in Ukraine. дальше »
2021-1-6 23:29 | |
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US Government Fines Bitgo for Allowing Users to Bypass Sanctions With Cryptocurrency
The U. S. Office of Foreign Assets Control has fined Bitgo for failing to prevent users in sanctioned countries from using its crypto wallet service. The agency says Bitgo processed 183 cryptocurrency transactions that were “apparent violations of multiple sanctions programs. дальше »
2021-1-2 20:30 | |
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New law legalizes crypto trading and issuance in Serbia
While 2020 may be coming to an end, crypto adoption still progresses. The most recent example of this is the legalization of crypto issuance and trading in Serbia, whose government officially reversed its previous policy regarding digital assets under a law that came into effect two days ago, December 29th. дальше »
2021-1-1 12:58 | |
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Russian President Vladimir Putin Signs Order Compelling Government Workers to Disclose Crypto Holdings
Russian President Vladimir Putin has signed an order compelling the country’s government workers to disclose their cryptocurrency holdings. The order stipulates that employees must submit details of where they bought the digital assets and the value thereof by June 30, 2021. дальше »
2020-12-14 21:30 | |
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Venezuelan Government Signs Agreement to Establish Guidelines for Granting Licenses to Crypto Miners
The National Superintendency of Crypto Assets (Sunacrip) and the National Electricity Corporation of Venezuela (Corpoelec) signed an agreement to establish guidelines to “improve the development” of bitcoin and other crypto mining activities across the country. дальше »
2020-12-11 18:30 | |
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Bitcoin Is Going Through the Roof in Argentina While the Government Imposes New Taxes
Argentina’s Senate approved an extraordinary one-time wealth tax to fight the coronavirus pandemic by seeking to boost government revenue and targeting millionaires with assets of more than 200 million pesos ($2. дальше »
2020-12-11 09:05 | |
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Artist Sells Digital Artwork on Gemini-Owned Platform, Nifty Gateway, for Over $21K
Asides from its business and government applications, blockchain is also gaining traction in gaming and art commerce. Blockchain Art for Good This week, Anthony Pompliano, the founder of Morgan Creek Digital Assets, announced on Twitter that his company had helped an artist sell his work online. дальше »
2020-12-8 23:34 | |
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Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year
A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors. Last week, on November 19, a court ruling had shown the Chinese government said that it seized over $4 billion in crypto assets from the Plustoken scam. дальше »
2020-12-2 19:30 | |
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Russia Proposes Tax Code Changes; Digital Financial Assets to be Classified as Property
The prime minister of Russia, Mikhail Mishustin, has said that the government is considering categorizing digital financial assets (DFA) as a form of property. Mikhail, who was speaking at a recent Russian government session, noted that the authorities intend to forge a path for a civilized local crypto market. дальше »
2020-11-27 17:22 | |
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This firm wants to help the US feds in selling $1 billion of seized Bitcoin
On-chain analysis and security company Chainalysis announced the launch of its “asset realization program” to help government agencies and insolvency practitioners handle, store, realize, and monitor seized assets, as per a release earlier this week. дальше »
2020-11-14 22:00 | |
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Chainalysis Announces Program for Managing Seized Crypto Assets
With government agencies confiscating massive amounts of crypto from criminal enterprises, Chainalysis has developed a program to aid in the admin of these seized digital assets. The news marks a major development in crypto-asset realization, especially against the backdrop of restitution in cases where forfeited cryptocurrencies are part of a fraudulent scheme. дальше »
2020-11-12 17:28 | |
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Vaccine News Strikes Blow to Safe Haven Assets; Potentially Impacting Bitcoin
The global stock markets are rocketing today on news that a vaccine that would put an end to the ongoing pandemic has 90% effectiveness This news signals that it may only be a matter of months before things start going back to normal, which means a reduction in government spending and economic turbulence Naturally, this is a bad thing for safe haven assets, with today’s news sending the price of gold nosediving Bitcoin has seen […] дальше »
2020-11-9 21:00 | |
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Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly cabinet meeting that this bill is part of broader legislation to crack down on tax […] The post Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains appeared first on Bitcoin News. дальше »
2020-10-14 02:30 | |
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Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings
Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly cabinet meeting that this bill is part of broader legislation to crack down on tax […] The post Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings appeared first on Bitcoin News. дальше »
2020-10-14 02:30 | |
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Crypto to bypass sanctions? Yes, says Venezuela's President Maduro
The government of Venezuela has floated a new use case for cryptocurrencies, President Nicolas Maduro said during a recent speech, one that highlighted the possibility of using digital assets in tradeThe post Crypto to bypass sanctions? Yes, says Venezuela's President Maduro appeared first on AMBCrypto. дальше »
2020-10-1 19:57 | |
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Mainstream finance giants revealed to hold nearly 600 Bitcoin
A new report revealed that the world’s largest sovereign wealth fund, the Norwegian Government Pension Fund, owns almost 600 Bitcoin (BTC). The fund, also known as Oil Fund, holds more than $1 trillion in assets. дальше »
2020-9-22 15:39 | |
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US Department of Justice Working on Seizing 280 Crypto Accounts
The US government is looking to seize 280 cryptocurrency accounts that were used by North Korean hackers who reportedly stole millions of dollars of digital assets from two crypto exchanges. A civil forfeiture complaint is filed by the US Department of Justice. дальше »
2020-8-28 19:00 | |
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South Korea: Major Banks to Start Offering Crypto Custodial Services
Leading South Korean lenders are now putting preparation in top gear to roll out custodial services for bitcoin and other digital assets. The move follows the government’s recently amended Special Financial Transactions Information Act, according to a report by local news platform, MTN on August 13, 2020. дальше »
2020-8-15 15:00 | |
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Germany to Introduce Draft Law on Tokenized Blockchain Securities
Tokenized blockchain securities may soon be on the same legal footing as company stocks in Germany. In the latest pro-crypto move by the German government, the country’s Finance Ministry recently published a draft bill aimed at modernizing its securities law with the introduction of provisions catering to blockchain-based assets. дальше »
2020-8-13 14:30 | |
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Irish Govt to Target Cryptocurrencies Use in Money Laundering And Terror Financing
The Irish government aims to implement stricter and more stringent laws to curb money laundering and terrorism financing in its financial system, including digital assets. In a report first published by Irish Examiner, the Cabinet is set to approve Justice Minister Helen McEntee’s bill, Money Laundering and Terrorist Financing Amendment Bill 2020, to place more […] дальше »
2020-8-11 16:38 | |
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South Korea will implement a 22% tax law on Cryptocurrencies come 2021
The South Korean government has ordered the implementation of a tax law that will require a variety of assets to pay taxes. Said tax law will be effective in 2021; five months from now. The announcement was made on the 22nd of July by the country’s Ministry of Strategy and Finance with a “2020 Tax […] дальше »
2020-7-23 10:15 | |
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South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance said income from digital assets below 2. дальше »
2020-7-23 07:15 | |
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Ripple Makes A Move On India, Proposes Transparent Digital Assets Regulatory Framework
It’s not debatable that cryptos have faced a backlash from government authorities because of their popularity with criminals, and it’s this uncertainty that has led to countries like India attempting to ban them. дальше »
2020-6-18 18:08 | |
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Policy Framework for Digital Assets in India
India is at an inflection point in fintech innovation. The countries’ government and policymakers have the opportunity to foster responsible adoption of new digital asset and blockchain technology by creating transparent, principles-based regulatory frameworks that support it. дальше »
2020-6-18 10:02 | |
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CFTC Chairman Cautions Against ‘Overly Prescriptive Rules’ for Crypto
Chairman of the CFTC Heath Tarbert calls for principles rather than rules to dictate the government’s handling of digital assets.
дальше »2020-6-16 22:05 | |
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Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On Digital Financial Assets,” and lawmakers are looking for public opinion. дальше »
2020-6-4 00:02 | |
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Tensions are Rising Again Between the US and China; Will This Boost Bitcoin?
The US and China are once again seeing heightened tensions amidst a new push by the Chinese government to grab power within Hong Kong The Chinese President is now noting that he feels “threatened” by comments made by the US President, and it does appear that these tensions could soon escalate further This comes as investors are largely fleeing assets that could be impacted by further economic turmoil Bitcoin could be the big winner of […] дальше »
2020-5-23 21:00 | |
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Anthony Pompliano Says Gov't Response to COVID-19 Will Drive Crypto Adoption
Anthony Pompliano argued that government stimulus measures will drive the adoption of alternative stores of value and non-correlated assets at Consensus.
дальше »2020-5-13 17:14 | |
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Bitcoin Interest Spikes in China as Traditional Investment Channels Plunge
Bitcoin’s place in China has essentially always been guaranteed, even though the Chinese government is quite averse to the asset. Trading Bitcoin and most other decentralized digital assets are still outlawed in China. дальше »
2020-4-24 12:18 | |
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As Libra pivots, members jump ship for Celo
When Libra was first announced in June 2019, it was pitched as a global digital currency pegged to a basket of bank deposits and short-term government securities. These assets were to be denominated in a range of historically stable international currencies, including the dollar, pound, euro, Swiss franc and yen. дальше »
2020-4-24 00:00 | |
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China is forging ahead with national crypto project: leaked screenshots
If you’ve been in the Bitcoin market for any period of time, you likely know that China has long been a hub for crypto assets as a whole. Yes, the trading of BTC and other cryptocurrencies is vehemently banned and restricted, but the Beijing government has continued to maintain heavy involvement in the broader space, […] The post China is forging ahead with national crypto project: leaked screenshots appeared first on CryptoSlate. дальше »
2020-4-16 03:15 | |
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Japan: Amended Crypto Regulations to Come Into Effect on May 1
Japan’s amended crypto regulations will come into effect from May 1, 2020, after a one-month delay with the updated provisions focusing on custody and proper classification of cryptocurrency assets. Japanese Crypto Regulations Focusing on Custody According to a government press release, Japan’s amended Payment Services Act (PSA) and Financial Instruments Exchange Act (FIEA) will beRead MoreRead More. дальше »
2020-4-6 15:00 | |
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Cryptocurrencies may be banned in Russia
The new version of the bill on digital financial assets contains a ban on the issuance and legal use of cryptocurrencies in Russian jurisdiction. The head of the legal department of the Central Bank of the Russian Federation, Alexey Guznov, shared information on a bill being prepared in the government, the adoption of which will […] дальше »
2020-3-17 20:08 | |
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2020 US Presidential Candidate Proposes Launch Of AmeriCoin Backed By ‘All’ Federal Assets
According to Kokesh, the proposed token will enable the American government to relinquish power back to the locals. The AP press release further wrote that AmeriCoin will develop a new monetary system that replaces the outdated and largely expensive fiat currency for the American people. дальше »
2020-3-13 20:41 | |
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Can blockchain and cryptocurrencies catalyze employment opportunities?
"Today, what the world needs is a forum for both private and government interactions to come up with a good framework for digital assets." - Yi He, Co-founder and CMO, Binance The cryptocurrency The post Can blockchain and cryptocurrencies catalyze employment opportunities? appeared first on AMBCrypto. дальше »
2020-3-12 14:30 | |
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2019 IRS Crypto Tax Guidance is Subject to Change, GAO Warns
The IRS’ guidelines on crypto tax reporting remain unclear, and may not be binding, per the analysis of the Government Accountability Office (GAO). Crypto Tax Reporting Guidelines Change Without Warning Reporting on ownership and gains from crypto assets remains unclear, as the IRS has not codified all of its opinions into Internal Revenue Bulletins. дальше »
2020-2-16 15:30 | |
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Hong Kong Welcomes PawnHub.io, its First Fully Licensed Crypto Lender
Crypto lender PawnHub, known by its clients for providing easy access to crypto loans, while maintaining liquidity of their collateralized digital assets, has moved into the realm of financial legitimacy with its latest development: a full license from the Government of Hong Kong. дальше »
2020-2-9 15:39 | |
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Crypto Tax in 2020: A Comprehensive Guide
Paying crypto taxes is becoming increasingly difficult in 2020, as government tax authorities around the world continue to change their minds on how digital assets should be handled. To make things easier, we’ve put together a comprehensive guide to bring you up to speed on the latest changes. дальше »
2020-1-31 18:00 | |
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