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New Zealand greenlights Bitcoin salary regulation – but it’s still a bad idea
New Zealand‘s tax authorities have deemed it legal for companies to pay its employees in Bitcoin and other cryptocurrencies. Companies will also be able to deduct income taxes using current PAYE (pay as you earn) frameworks under the Income Tax Act 2007. дальше »
2019-8-12 14:02 | |
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New Zealand Gives Greenlight for Cryptocurrency Income and Salary Payments
Coinspeaker New Zealand Gives Greenlight for Cryptocurrency Income and Salary PaymentsNew Zealand has published a ruling by its tax authorities that allows paying workers’ salaries with cryptocurrency. дальше »
2019-8-12 13:25 | |
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Australian Authorities Charge Exmount Holdings Group Members for $1.8 Million Crypto Scam
The law enforcement of Australia has recently charged five people for a cryptocurrency-related scam that involved $2. 7 million AUD ($1. 8 million USD). The investigation, which was made by the cybercrime division of the country, discovered that the criminals fooled over 100 investors. дальше »
2019-8-9 22:37 | |
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33 Illegal Bitcoin Mining Farms Are Raided By Malaysian Authorities
No crypto mining is more profitable than the one made with electricity you didn’t pay for. Recently, Malaysian authorities raided the crypto mining farms of people who believed that they would be able to get high profits by stealing electric energy. дальше »
2019-8-8 17:20 | |
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EtherDelta Faces Exit Scam Allegations
Chinese authorities are currently investigating claims that non-custodial crypto exchange EtherDelta perpetrated a $176,000 exit scam after the exchange was sold to unnamed Chinese investors in December 2017. дальше »
2019-8-8 23:51 | |
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Chinese Authorities Are Investigating EtherDelta Over Possible Exit Scam
The crypto trading platform EtherDelta is currently being investigated by the Chinese police over allegations of exit scam, which is when a company vanishes with funds from clients. In this case, EtherDelta is being accused of selling tokens during an Initial Coin Offering (ICO) and then abandoning the platform. EtherDelta was a platform that was […] дальше »
2019-8-8 23:27 | |
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EtherDelta allegedly used in exit scam in China, authorities investigating
Evidence shows EtherDelta was sold to new owners in China and used in an exit scam. Chinese authorities are allegedly taking legal action against the decentralized exchange, according to documents provided by Dovey Wan, a founding partner at Primitive Ventures. дальше »
2019-8-8 20:57 | |
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From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. дальше »
2019-8-6 21:00 | |
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Booze and Bitcoin Mining – Why Violent Prohibition Is Always Harmful
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. дальше »
2019-8-8 21:00 | |
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More Cities and Regions Accepting Coins for Taxes, Services
Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and the lives of ordinary people much easier. дальше »
2019-8-6 17:46 | |
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Trump Blames Video Games for Mass Shootings, Research Finds No Link
The United States is still in shock following two deadly mass shootings in Texas and Ohio. A lone shooter, identified by authorities as a 21-year old white male, opened fire inside a Walmart store in El Paso, Texas killing 20 people. дальше »
2019-8-6 00:40 | |
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Iranian Government Implements Cryptocurrency Rules
Iranian authorities have implemented new regulations to govern all cryptocurrency-related activities in the state. The new law stipulates that all crypto-related transactions in the region remain illegal and cryptocurrency miners are required to obtain the relevant licenses while also operating in compliance with other guidelines, reports PressTV on August 5, 2019. дальше »
2019-8-5 15:00 | |
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Disclosure of Domestic Cryptocurrency Transactions in Brazil are now Compulsory
Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities. дальше »
2019-8-2 17:00 | |
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Gibraltar DLT Regulator Finally Licenses Cryptocurrency Derivatives Exchange Quedex
After undergoing a 15-month long and rigorous process under the legal guidance of PRT Lawyers and the Gibraltar authorities, Quedex has finally been granted a license to operate. The Gibraltar-based crypto-oriented futures and options exchange is now the first of this kind to earn the Distributed Ledger Technology (DLT) Providers license across the world. It […] дальше »
2019-8-1 17:42 | |
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Kenya’s Blockchain Task Force Advises Government to Consider Initial Coin Offerings
The blockchain and cryptocurrency task force established by the Kenyan government is requesting that the authorities enable the development of initial coin offerings (ICOs). According to a report on iTWeb Africa on July 29, 2019, the country’s task force believes that ICOs would help local startups fund projects. дальше »
2019-7-30 11:00 | |
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Regulation Is “Suffocating” New Crypto Exchanges, Says Digitex Founder
Cryptocurrencies are frequently compared to the Wild West, with regulators as the absent lawmen. But authorities are now appearing in force, and cowboys are taking note. The latest actions against BitMEX could completely upend the crypto trading industry. дальше »
2019-7-29 21:20 | |
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Top expert: Those who ban crypto, send country 40 years in the past!
For several months now, India’s crypto market has been experiencing great difficulties with regulation. Obviously, in support of its centralized instant payment system (Unified Payments Interface, UPI), developed by the National Payment Corporation of India (NPCI), the authorities are preparing a bill to completely prohibit cryptocurrency. дальше »
2019-7-29 20:01 | |
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Ripple Execs Urge U.S. Authorities to Focus on Regulatory Clarity for Cryptocurrency
Ripple CEO, Brad Garlinghouse, and Executive Chairman and Co-founder of Ripple, Chris Larsen, expressed concerns regarding regulatory ambiguity in the United States. In an open letter to the U. S. Congress on July 28, 2019, both top executives stated that lack of clear cryptocurrency regulations is bound to stifle crypto business in the U. дальше »
2019-7-29 17:59 | |
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Ripple CEO Tells Congress to Avoid XRP From Facebook Libra Smear
Ripple CEO, Brad Garlinghouse, and its executive chairman, Chris Larsen, posted an open letter to congress on Sunday asking authorities not to paint their company with a “broad brush”. The executive duo paid careful attention to emphasize that while bad actors exist in the cryptocurrency space, many are, in fact, doing their bit to stay […] The post Ripple CEO Tells Congress to Avoid XRP From Facebook Libra Smear appeared first on CCN Markets дальше »
2019-7-29 14:00 | |
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Ripple to Congress: ‘Please Don’t Paint Us With a Broad Brush’
Coinspeaker Ripple to Congress: ‘Please Don’t Paint Us With a Broad Brush’Ripple sent an open letter to the U. S. Congress intending to explain the differences between various blockchains and digital currencies. дальше »
2019-7-29 11:30 | |
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Tron’s Business Development Head Confirms Justin Sun Formally Released By Chinese Authorities
The past week has been a series of PR disasters to an otherwise darling of the crypto world, Justin Sun. He had to cancel on the much-publicized charity lunch with Warren Buffet due to kidney stones but was later spotted having a good time at a promotion event in San Francisco. BitTorrent founder, Bram Cohen […] дальше »
2019-7-27 17:16 | |
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Justice Department Slaps Escrow Firm Director in $7 Million Bitcoin Fraud
US authorities have arrested the operator of a Bitcoin escrow company for defrauding two firms of $7 million. Jon Barry Thompson – a Pennsylvania man who is the director of the Bitcoin escrow firm Volantis – has been arrested and charged with two counts of wire fraud and two counts of commodities fraud, the US […] The post Justice Department Slaps Escrow Firm Director in $7 Million Bitcoin Fraud appeared first on CCN Markets дальше »
2019-7-27 16:46 | |
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This scammer allegedly stole $7 million from businesses that just wanted to buy Bitcoin
The US Federal Bureau of Investigation (FBI) has indicted a Pennsylvanian man for allegedly defrauding $7 million from prospective Bitcoin investors through an effectively fake “escrow” service. дальше »
2019-7-26 15:23 | |
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India doesn’t want WhatsApp sharing your payment data with Facebook
Even as WhatsApp readies to launch its mobile payment service in India later this year, the government is concerned about its privacy and security ramifications. “Indian authorities are concerned that WhatsApp‘s payment service might share user data with group companies Facebook and Instagram, compromising the security, privacy and non-commercial information of its subscribers,” according to a report from the Economic Times. дальше »
2019-7-26 09:40 | |
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Kenya Should Pursue Cryptocurrency Adoption, Says National Blockchain Task Force
A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More. дальше »
2019-7-26 01:00 | |
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Special Committee Calls For Complete Crypto Ban In India As Supreme Court Continues To Delay Crypto Hearing
The tussle between the Indian crypto community and the government is still ongoing as the government aims to completely ban cryptocurrencies from the country. The government also seeks to establish its own cryptocurrency. дальше »
2019-7-25 20:39 | |
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International Authorities Reveal Canada’s Enormous Influence on Italian Mobsters, a Form of “Criminal Blockchain”?
In an ongoing investigation entailing Italian mobsters, investigators were reportedly describing the ‘Ndrangheta mafia family as being a form of “criminal blockchain” reports The Next Web. As per the news outlet, such description is made in reference to the “decentralization of its internal power structures. дальше »
2019-7-25 20:24 | |
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Mafia expert: ‘Ndrangheta crime family now resembles a ‘criminal blockchain’
International investigators warn the ‘Ndrangheta mafia family now resembles a “criminal blockchain” following the recent decentralization of its internal power structures. Usually, ‘Ndrangheta families in Canada took orders from “mother clans” in Calabria, but for the first time, mobsters outside of Siderno are making decisions that impact operations all the way back to Italy, reports National Post. дальше »
2019-7-25 16:24 | |
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TRON’s Justin Sun confirms he’s a ‘big-mouthed over-marketer’ in Warren Buffett lunch apology
Justin Sun, the founder of cryptocurrency platform TRON, has issued a public apology after postponing a highly publicized charity lunch with billionaire Warren Buffett. And it seems Sun is finally becoming aware of his “over-marketed hype. дальше »
2019-7-25 13:22 | |
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Justin Sun’s “darkest moment”: apologizes for “over-marketing” TRON to Chinese authorities, then deletes apology
Drama around Justin Sun’s lunch with Warren Buffett continues. Hours ago he published a statement on Weibo apologizing to the TRON community and Chinese authorities for “over-marketing. ” He deleted the message shortly afterward—read the full translated message here. дальше »
2019-7-25 04:48 | |
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Is Tron (TRX) Price Resurgence Linked to Justin Sun’s Possible Presence in the US?
Tron (TRX) is recovering, adds 13. 2 percent Justin Sun is safe and not restrained from traveling Justin Sun, the co-founder of Tron, is “safe” as NewsBTC reported. Other sources indicate that he is in San Francisco and not detained by Chinese authorities. дальше »
2019-7-25 22:00 | |
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Ripple Q2: Market share is down, but price is up – here’s what happened
Cryptocurrency and blockchain were built to usurp centralized authorities like governments and banks. And then came Ripple, a corporate and institutional reimagining of what a digital currency should be and do. дальше »
2019-7-24 17:00 | |
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