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South Korea Proposing Revision of Tax Code to Allow the Confiscation of Crypto Assets of Tax Dodgers
South Korea is now considering tightening its crackdown on tax evasion by cryptocurrency investors and high-income earners, said the finance ministry on Monday. The government is proposing to revise tax codes that will allow tax authorities to seize tax dodgers’ crypto assets even if they are held in digital wallets, starting next year. дальше »
2021-7-26 17:27 | |
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John McAfee’s Widow Is Still Extremely Skeptical of Her Husband’s Alleged Suicide
Following a report from John McAfee’s biographer, the former antivirus tycoon’s widow Janice McAfee has taken to social media to disclose a number of findings. During the first week of July, McAfee published a note that said there was “no sense of urgency” toward the investigation into John’s death by Spanish authorities. A week later, […] дальше »
2021-7-23 21:00 | |
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US Treasury Secretary Mandates Federal Regulators on Stablecoin Laws
Janet Yellen, the Secretary of the US Treasury has said that it was imperative for regulators to establish a regulatory policy for stablecoins. Stablecoin Regulation a Priority for US Authorities Yellen’s statement was revealed in a readout of the meeting held on Monday (July 19, 2021). дальше »
2021-7-20 19:00 | |
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China is pumping money out of the US with Bitcoin
Chinese authorities seem to be putting things in order rather than declaring war on crypto, aiming to further weaken the U.S. economy. дальше »
2021-7-19 18:07 | |
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Over 1,000 Bitcoin miners crushed by police in warning to electricity thieves
Authorities in Miri, Malaysia, seized and destroyed 1,069 Bitcoin mining rigs by steamroller after cracking a mining operation that was using stolen electricity. The post Over 1,000 Bitcoin miners crushed by police in warning to electricity thieves appeared first on CryptoSlate. дальше »
2021-7-20 12:24 | |
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A Look into the Future of Blockchain Gaming
Blockchain gaming is a growth sector. Currently, four of the top ten dApps are centred around games, gambling, and the joy of play. The chance for gamers and gamblers to wrest control of their experiences from centralized authorities is a compelling one. дальше »
2021-7-19 09:00 | |
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From $100 Million to Nothing — Biographer Claims John McAfee Was Broke When He Died
Just before the antivirus tycoon John McAfee was found dead in Spain, he told the public from prison that U. S. federal authorities seized all of his assets and he had “nothing. ” Now a biographer who is writing a McAfee-based biography has corroborated McAfee’s story. дальше »
2021-7-19 08:30 | |
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US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said […] дальше »
2021-7-17 18:30 | |
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Thousands of illegal Bitcoin mining rigs destroyed in Malaysia
A recent report reveals that Malaysian authorities are sweeping out illegal Bitcoin miners in the country. According to the report, 297 Bitcoin machines have already been seized. The authorities also raided multiple premises involved in the stealing of power to mine Bitcoin (BTC/USD). дальше »
2021-7-18 16:27 | |
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Report: Tweaks to South African Tax Filing System to Result in Decreased Crypto Arbitrage
Reports from South Africa suggest that tax authorities have plugged a loophole on the online tax filing system that enabled crypto arbitrage traders to make several purchases on overseas cryptocurrency platforms using just one approval. дальше »
2021-7-17 09:00 | |
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Japan Ramps Up Efforts towards Regulating Cryptocurrencies
Authorities in Japan are contemplating tighter cryptocurrency regulations, according to the latest reports. Japan Stepping up Crypto Regulatory Activities US media outlet Reuters revealed that Japanese finance regulators had expressed their intentions to step up regulatory efforts on cryptocurrencies. дальше »
2021-7-17 00:00 | |
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Singapore and France Set To Trial Global Transactions Through CBDCs
Central banks of Singapore and France are developing a digital coin interoperability system that will support various global CBDCs. The Financial authorities of both countries are seriously exploring the CBDCs cross-border applications. дальше »
2021-7-17 11:02 | |
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Hong Kong Busts Money Laundering Ring Using Tether to Wash Millions
Authorities in Hong Kong have arrested four people suspected of money laundering a total of $155 million through cryptocurrency wallets and bank accounts. The city’s customs agency said this was its first case in which virtual money had been used to launder dirty cash. дальше »
2021-7-16 10:30 | |
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Poland Regulators Spread Warning Against Cryptocurrency Exchange Binance
Poland Authorities have come up with their aggression against the most known cryptocurrency exchange Binance. The country’s watchdog for financial activities has issued a warning to the public against dealing with the cryptocurrency exchange. дальше »
2021-7-14 04:25 | |
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Bank of Ghana Set to Pilot CBDC in September
As more central banks declare their plans, the market for Central Bank Digital Currencies (CBDC) is gaining traction. While CBDCs are unlikely to completely replace fiat, authorities worldwide are interested to develop the numerous unique benefits that CBDCs offer. дальше »
2021-7-13 21:00 | |
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Authorities Raid Largest Crypto Mining Farm In Ukraine, Cites Illegal Power Connection
In the latest crackdown on illegal crypto mining, the Security Service of Ukraine (SSU) busted a mining operation, arresting an unspecified number of miners and recovering over 3500 PS4 gaming consoles and about 500 graphics cards that were found on the premises. дальше »
2021-7-12 18:56 | |
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Synctuition: world of calmness, silence, and harmony in your smartphone
Like any other job, crypto trading draws a lot of physical and mental strength. But in crypto, this is exacerbated by high asset volatility, sudden drastic decisions by the authorities, and tweets of certain famous personalities. дальше »
2021-7-10 19:49 | |
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EU Mulls AML Authority and New Rules for Crypto Transfers, Documents Suggest
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans to impose new rules to increase transparency for cryptocurrency transfers. дальше »
2021-7-8 19:30 | |
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Recent regulatory issues caused Binance to double its compliance team
Binance has been operating as the world’s largest crypto exchange for years, and by now, it has spread its services to most parts of the world. However, recently, authorities of a number of countries raised concerns about the platform, including Japan, Germany, Thailand, and, as of late, the UK, as well. дальше »
2021-7-7 15:03 | |
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Spanish Congress Passes Antifraud Law: Users Will Have to Disclose Crypto Holdings Inside and Outside Spain
The Spanish Congress has approved the antifraud law that was amended last month by the senate. Spanish citizens must now inform about their crypto holdings even outside the country. The new law further establishes severe fines for citizens who fail to share this information with authorities. дальше »
2021-7-7 14:30 | |
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Binance CEO Changpeng Zhao States “Compliance Is A Journey”
There has been a lot of developments in the crypto space since its inception. But it seems that the regulatory authorities are waking up to strengthen the system. Amid such concerns, Binance CEO, Changpeng Zhao, opines that the crypto industry might grow and develop, but the regulatory framework is not defined. According to him, Binance […] дальше »
2021-7-7 14:29 | |
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Wyoming Authorities Officially Recognize the First DAO in the United States
The U.S. State of Wyoming has legally recognized the American CryptoFed DAO as the first decentralized autonomous organization in the United States. First Legalized DAO in the US In a press release on Sunday (July 4, 2021), the American CryptoFed DAO announced that it received notice of legal recognition from the office of the WyomingRead More дальше »
2021-7-5 15:00 | |
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Russia’s Famous Hermitage Museum Aims to Raise Funds With NFTs
The Hermitage Museum in Saint Petersburg is considering issuing NFTs for works of art from its rich collection and is holding talks with Binance on the matter. The museum’s management expects the tokens to bring extra funding, provided Russian authorities exempt NFTs from current digital assets regulations. дальше »
2021-7-4 11:30 | |
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Binance’s Troubles Grow as Thailand Files Criminal Complaint — Similar Warnings by Cayman Islands, UK, Japan
A growing number of regulators worldwide have come after Binance. Thailand’s Securities and Exchange Commission (SEC) filed a criminal complaint against the crypto exchange after the authorities in the Cayman Islands, the U. дальше »
2021-7-4 06:30 | |
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Iran’s new bill might spell trouble for foreign-mined digital currencies
The authorities around the world seem to finally be getting serious about cryptocurrencies, but while some countries are looking to regulate them, like the US, or even adopt them, such as El Salvador — others are not so friendly towards them. дальше »
2021-7-4 12:10 | |
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Indian Authorities May Slap 18% Tax on Foreign Crypto Exchanges
Foreign cryptocurrency exchanges and bitcoin (BTC) trading venues in India may soon be required to start paying 18 percent goods and services tax (GST), according to an Economic Times report on July 2, 2021. дальше »
2021-7-3 22:00 | |
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US Government Official Calls For ‘Responsible’ Handling Of BTC By El Salvador
US authorities are closely monitoring the onboarding of Bitcoin as a legal tender in neighboring El Salvador and want all angles to be covered, according to AFP. ‘Tough Look At Bitcoin’ Bitcoin may be gaining favor in some countries but not in the United States. дальше »
2021-7-2 19:36 | |
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San Marino gives green light for VeChain eNFT-based vaccination certificates
The San Marino authorities have taken their vaccination drive a step further by approving the use of VeChain’s blockchain solutions for COVID-19 vaccination tracking. According to the report, the authorities will transparently track individual vaccinations through QR codes available on the eNFT certificates. дальше »
2021-7-3 15:55 | |
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U.S Cryptocurrency Miners Fill the Void for Power Solutions Left by China’s Restrictions
Recently, the price of Bitcoin dropped after orders by local authorities to halt mining in Southwest China’s Sichuan Province came late last week, resulting in... дальше »
2021-7-2 09:13 | |
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US Diplomat: This incident made authorities take 'another tough look at bitcoin'
Many consider the market for the world's largest cryptocurrency as a means to gain wealth. However, due to the attached risk factor, that is, its volatility it is perceived as an insecure investment oThe post US Diplomat: This incident made authorities take 'another tough look at bitcoin' appeared first on AMBCrypto. дальше »
2021-7-2 02:00 | |
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Kazakhstan raises electricity tariffs for miners
The authorities of Kazakhstan approved a premium on electricity tariffs for cryptocurrency miners. Earlier, Kazakhstan was named among the countries preferable by Chinese miners who seek regions to relocate their farms amid mining ban in China. дальше »
2021-7-4 19:19 | |
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A Mammoth Bitcoin Whale Has Passed Away And Everyone’s Left With One Troubling Question
Mircea Popescu, a reportedly bitcoin billionaire has died at the age of 41. Less is known about his life and even lesser, about his death. Sources from local authorities say he went swimming and was swept off the Tramonto coastal sector of the Costa Rican River. дальше »
2021-7-2 14:19 | |
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'The only crypto-assets likely to satisfy these factors are Bitcoin and Ether'
The Australian financial authorities are seeking public opinion on cryptocurrency-based exchange-traded products [ETPs] as demand for these products surges. The Australian Securities and Investment CoThe post 'The only crypto-assets likely to satisfy these factors are Bitcoin and Ether' appeared first on AMBCrypto. дальше »
2021-7-1 06:00 | |
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Glitch Finance set to Launch its Testnet on June 30
Financial systems are facing a massive overhaul with decentralized finance (DeFi) applications at the forefront of this revamp. A steady influx of decentralized solutions is paving the way for fewer authorities and more control in the hands of the end-users. дальше »
2021-6-30 15:29 | |
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Why did Mexico remind financial institutions that they couldn’t trade Bitcoin, ETH, or XRP?
Following the restrictions put in place by China, the United Kingdom, and other nations on the use and operation of cryptocurrencies, Mexico has also clarified its stance. The financial authorities maThe post Why did Mexico remind financial institutions that they couldn’t trade Bitcoin, ETH, or XRP? appeared first on AMBCrypto. дальше »
2021-6-29 17:30 | |
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Mexican Authorities: Cryptocurrencies Can’t Be Used Within the Financial System
Mexico’s central bank and other financial authorities have said that cryptocurrencies can’t be used within the financial system, as per a document published recently. The post Mexican Authorities: Cryptocurrencies Can’t Be Used Within the Financial System appeared first on BeInCrypto. дальше »
2021-6-29 10:35 | |
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Korean Crypto Exchanges Mulling Lodging a Constitutional Appeal Against Govt
Several exchanges could press a constitutional appeal against the Korean government and the financial authorities as they face the risk of being banned. The development follows the amended Act on Reporting and Use of Certain Financial Transaction Information. дальше »
2021-6-29 04:00 | |
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Iran Counts 30 Crypto Mining Farms Licensed to Mint Digital Currencies
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. дальше »
2021-6-27 06:00 | |
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Chinese Electric Car Maker Xpeng to Raise $2B, to List on Hong Kong Exchange
Coinspeaker Chinese Electric Car Maker Xpeng to Raise $2B, to List on Hong Kong Exchange The increasing level of tension between authorities in China and the United States is forcing the hands of many US-listed Chinese companies to list on the Hong Kong stock exchange as a way of protecting themselves against both governments. дальше »
2021-6-25 14:35 | |
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Jack Ma’s Ant Group Sells NFTs on Alipay, Clarifies They’re Different from Cryptocurrencies
China’s Ant Group, the Jack Ma-controlled fintech group, put non-fungible tokens (NFTs) on sale via its payment platform Alipay. The items sold out quickly on Wednesday amidst the ongoing crackdown from the authorities. дальше »
2021-6-24 17:33 | |
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Eccentric Crypto Promoter John McAfee Commits Suicide in Spanish Prison
British national and tech mogul John McAfee has been confirmed dead by Spanish authorities. McAfee Death Under Investigation According to Spanish outlet El Pais, creator of popular computer antivirus software McAfee, died by suicide while behind bars on Wednesday, at the age of 75. дальше »
2021-6-24 16:48 | |
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Korean Government Confiscates $47 Million in Crypto From Tax Evaders
South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. дальше »
2021-6-24 07:30 | |
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