Bitcoin mining profits in Russia to face new 15% tax rules, officials say

The Russian government has greenlit draft amendments to a bill aimed at taxing crypto mining and transactions. Russia is moving forward with a draft amendment to its Bitcoin (BTC) mining legislation, introducing new tax rules for crypto mining, transactions, and…

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The world’s largest Bitcoin conference to make Middle East debut in Abu Dhabi

The Bitcoin Conference will take place in Abu Dhabi on 9th and 10th December The conference will take place at the ADNEC Center in Abu Dhabi, and will together top Bitcoin innovators and government officials to shape the future of finance in the region Businesses in the region are being urged to seize the “New […] The post The world’s largest Bitcoin conference to make Middle East debut in Abu Dhabi appeared first on CoinJournal.

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India’s officials probe crypto exchange WazirX over $235m hack: report

Officials from India’s Financial Intelligence Unit and other agencies are probing WazirX over a $235 million crypto hack, as the exchange investigates potential insider involvement. Indian cryptocurrency exchange WazirX is collaborating with government agencies, including the Financial Intelligence Unit, to…

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Japan’s Government Embraces Web3: Officials Outline Strategies for Fostering Emerging Technologies

Сообщение Japan’s Government Embraces Web3: Officials Outline Strategies for Fostering Emerging Technologies появились сначала на Coinstelegram.

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Binance bribery allegations could impede foreign investment in this country, risk consultants say

SBM Intelligence, a risk consultancy firm, has cautioned that bribery allegations against government officials could hinder foreign investment.

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Nigeria denies “phantom” Binance bribe claims

Nigeria’s federal government refuted claims from Binance CEO Richard Teng, accusing officials of demanding a “significant payment” to resolve ongoing disputes.

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Lawmakers urge Biden administration to address ‘rogue nations’ evading sanctions via crypto

A coalition of US lawmakers penned a letter to top government officials on April 28 expressing urgent concern over the use of digital currencies like Tether (USDT) by countries such as Russia, Iran, and North Korea to bypass international sanctions.

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Binance exec on the run: Nigeria government pursues extradition from Kenya

Nigeria’s tax agency filed charges against two Binance execs, who were later detained. But one of them has escaped. Government officials say they found him.

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Binance Says Compliance Exec Detained in Nigeria Has No Decision-Making Power at Firm

Tigran Gambaryan should not be held responsible in ongoing talks with Nigerian government officials, Binance said in a statement, as he and the exchange face tax evasion charges.

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Binance Says Compliance Chief Detained in Nigeria Has No Decision-Making Power at Firm

Tigran Gambaryan should not be held responsible in ongoing talks with Nigerian government officials, Binance said in a statement, as he and the exchange face tax evasion charges.

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Detained Binance’s executives sue Nigerian government, report says

Binance’s executives intercepted by Nigerian officials have sued the Nigerian government, saying the local authorities have violated their fundamental rights. Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, have filed a lawsuit against Nigeria‘s national security adviser’s office and the anti-graft…

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Former US IRS agent among Binance staff detained in Nigeria

The Nigerian government reportedly obtained a court warrant to detain Binance officials for at least twelve days after they insisted they should be taken to their respective countries’ embassies, local media outlet Premium Times reported on Mar.

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Senator Warren questions blockchain industry’s ethics in hiring government officials, Blockchain Association responds

Warren questions officials joining crypto, Blockchain Association cites AML benefits, warns overregulation may restrict consumer protection.

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India labels cryptocurrencies as gambling instruments

India seems not ready to legalize cryptocurrencies, with senior government officials stating that authorizing digital tokens has no economic upside. The statements revealed that crypto carries risks developed economies and emerging markets cannot handle.

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North Korean Hackers Masquerade as Officials and Journalists, Targeting Crypto

Explore the latest news on North Korean hackers reportedly stealing crypto through posing as journalists and South Korean government. The post North Korean Hackers Masquerade as Officials and Journalists, Targeting Crypto appeared first on BeInCrypto.

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Ripple in Talks with UK Government on NFTs and XRP Ledger

Ripple has reportedly been in communication with officials in the United Kingdom government to discuss the opportunities and appropriate policy approach around non-fungible tokens (NFTs) and the XRP Ledger (XRPL).

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U.S. Crypto Bill Prohibits Government Officials From Using USDT, NEO, And China-based Blockchains

On November 8, U. S. Representatives Zach Nunn (R-Iowa) and Abigail Spanberger (D-Va. ) introduced a bill dubbed the Creating Legal Accountability for Rogue Innovators and Technology (CLARITY) Act.

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US lawmakers introduce CLARITY Act to limit federal ties with Chinese blockchain

The act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether.

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U.S. Bill Proposes Outlawing Government Use of China-Made Blockchains and Tether's USDT

Government officials would no longer be able to use networks developed by China that power crypto transactions, according to a new bipartisan bill.

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UK Government Officials Address Blockchain and Web3 in Virtual Event

UK politicians discuss their national priorities for blockchain and web3 technologies at the British Blockchain Association's annual summit. The post UK Government Officials Address Blockchain and Web3 in Virtual Event appeared first on NFT News Today.

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Binance Feels Strain of World’s Regulators Leaping Into Action

Australian officials directly sought out current and former employees of Binance’s operation there this week, demanding copies of internal communications and data from their personal devices, according to a person familiar with the government’s move against the leading crypto exchange, which marked the latest in a pile-up of legal troubles facing the company.

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Hong Kong government establishes web3 task force

The Hong Kong government has created a web3 task force, composed of various market sector representatives and government officials, to draft guidelines for the ethical and sustainable growth of cryptocurrency within the region.

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Hong Kong Mobilizes Task Force To Drive Web3 Advancements, What’s Their Master plan?

In order to actively embrace the emerging “megatrend” of Web3 development, Hong Kong maintains a strong commitment and has taken initiatives to monitor and regulate its progress. To accomplish this, an inclusive collective consisting of both industry experts and government officials has been formed to oversee the advancement of Web3 in the region. According to […]

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Blockchain Life 2023 in Dubai: Crypto Whales meeting point

Influential figures such as heads of global funds, government officials, investors, business owners and promising startups come together in Dubai to shape the future of cryptocurrencies at the 11th International Blockchain Life Forum on October 24-25 in Dubai, Festival Arena.

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South Korea Passes Law Requiring Disclosure of Cryptocurrency Holdings by Officials

On May 25, the South Korean National Assembly passed the "Kim Nam Guk Prevention Law," which requires legislators and high-ranking government officials to disclose their cryptocurrency holdings.

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South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report

The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.

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Blockchain Life 2023 in Dubai: Crypto Whales Meeting Point

Influential figures such as heads of global funds, government officials, investors, business owners, and promising startups come together in Dubai to shape the future of cryptocurrencies at the 11th International Blockchain Life Forum on October 24-25 in Dubai, Festival Arena.

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Bermuda still open to crypto firms, says premier: Report

Bermuda’s Premier, Edward Burt, reportedly met with U.S. lawmakers and government officials this week in Washington, D.C. to discuss common standards for digital assets.

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The Plot Thickens As Sam Bankman-Fried Is Accused Of Bribing Chinese Government Officials

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Sam Bankman-Fried Faces New Charge For Bribing Chinese Officials With $40 Million

FTX co-founder and former CEO, Sam Bankman-Fried, is facing yet another criminal charge, this time for allegedly bribing Chinese government officials with $40 million worth of cryptocurrency.  According to federal prosecutors, this marks the 13th charge against Sam Bankman-Fried in a case that continues to draw attention from the cryptocurrency and financial industries. On Tuesday, […]

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Bankman-Fried Accused of Bribing Chinese Government Officials

U.S. prosecutors believe that Sam Bankman-Fried resorted to bribery in order to unfreeze over $1 billion worth of Alameda Researchs crypto funds from Chinese exchanges in 2021. $40 Million Bribe...

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SBF charged with bribing Chinese government officials with $40M

Sam Bankman-Fried (SBF), the former CEO of FTX, has been charged with bribery in the United States The latest court filing reviewed by CryptoSlate shows United States prosecutors charged SBF with violating anti-bribery laws.

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Venezuela shuts down crypto mining facilities, exchanges amid corruption probe

According to Venezuela’s attorney general office, government officials were running parallel oil operations with the assistance of the national crypto department.

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US Officials Reportedly Studying Ways to Guarantee Bank Deposits of $17 Trillion amid Crisis

Coinspeaker US Officials Reportedly Studying Ways to Guarantee Bank Deposits of $17 Trillion amid Crisis The FDIC and Fed are looking for ways the US government can guarantee all bank deposits amounting to $17 trillion should the financial turmoil worsen.

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Washington Goes Back And Forth With Crypto – Here’s All The Buzz In One Place

Washington government officials have continued to view cryptocurrencies sceptically, and things might get grimmer for the fledgling asset class. The U.S. Senate Committee on Banking, Housing, and Urban Affairs recently met in an open session to conduct a hearing on digital assets in response to the turbulence plaguing the markets. The hearing, titled “Crypto Crash: […]

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Silvergate reportedly talks with FDIC on ways to avoid shutdown

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank.

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Stark on FTX: If we think this is something we can sell, we’re all in

SEC stopped ICOs, lending programs, agreements for future tokens Dinner meetings between Bankman-Fried and government officials were “bad judgment” John Stark, a former chief of the SEC office of internet enforcement and president of John Reed Stark Consulting, joined CNBC’s ‘Squawk Box’ to discuss the collapse of crypto exchange FTX.

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Singapore’s financial regulator defends against FTX accusations

The government financial regulators associated with the FTX collapse have defended themselves, saying the FTX failure “is the nature of investment and risk-taking.” Singapore officials absolves themselves of FTX damages Following the news yesterday that the Singapore government officials are…

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South Carolina treasurer goes on Bitcoin ’fact-finding trip’ to El Salvador

The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs.

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Binance Anticipates Inflection Point, Launches Global Advisory Board & Partners With EazyPay

Binance is launching a global advisory board consisting of former government officials and financial experts, according to the company’s chief executive. The post Binance Anticipates Inflection Point, Launches Global Advisory Board & Partners With EazyPay appeared first on BeInCrypto.

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Binance Hires Big-Name Former Government Officials to Set Up Advisory Board

Binance, the world’s largest crypto exchange by trading volume, has rounded up prominent former government officials to act as a global board of advisers as the company negotiates the regulatory and political minefield the crypto industry finds itself in.

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Coinbase To Add Political Feature In Its App To Educate Users On Crypto Laws

Since regulatory bodies around the globe are attempting to supervise the use of cryptocurrencies, officials are rigid in designing suitable policies for the nascent technology. And the ever-changing government rules have become a critical problem for crypto enthusiasts to comply with.

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Russia is considering Bitcoin for international trade in 2023: Report

Top crypto news out of Russia says the country is considering accepting Bitcoin (BTC/USD) as well as some cryptocurrencies as a payment option for international trade in 2023. As per local news agency Izvestia, Russian government officials from the Ministry of Finance and the State Duma have confirmed the development.

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Russia Eyes Bitcoin For International Trade In 2023: Report

A Russian news agency reported multiple government officials deliberating on accepting bitcoin and some crypto currencies as payment for international trade in 2023.

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Cryptocurrencies Are A “Safe Alternative” In Steering Cross Broader Payments, Says Russia’s Prime Minister

Russia’s prime minister, Mikhail Mishustin has stressed the importance of incorporating digital assets in the country’s cross-broader payment structure. Speaking to bankers and government officials at the St.

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South Korean Officials Working on ‘Metaverse Industry Promotion Law’

South Korean officials are working on a Metaverse Industry Promotion Law. The government has been taking multiple steps to establish a presence in the web3 sector. The post South Korean Officials Working on ‘Metaverse Industry Promotion Law’ appeared first on BeInCrypto.

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MetaWeek 2022 Dubai: Featuring Top-notch Projects in Metaverse

Organized by NexChange Group, MetaWeek will run from September 11 to 14, 2022 in Dubai. Industry professionals, business owners, investors, corporate players and government officials will convene at the Grand Hyatt Dubai hotel for the week’s core event, MetaWeek Summit, set for September 12-13.

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US Government Officials Must Now Publicly Declare NFT Holdings 

Two weeks after banning crypto-owning government employees from working on policy, the U.S. government is now insisting that staff declare their non-fungible token (NFT) holdings. The post US Government Officials Must Now Publicly Declare NFT Holdings  appeared first on BeInCrypto.

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Ethics Watchdog Bars US Government Employees From Writing Crypto Policy if Invested

U.S. officials who are personally invested in cryptocurrencies are now disqualified from working on crypto-related policy and regulation that could impact the value of their assets.

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