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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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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Haters to unite at the first conference for crypto skeptics

The anti-crypto conference hopes attendees will get a chance to speak face-to-face with government officials to share their skepticism about the industry.

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Colombia Launches National Land Registry on XRPL, How Ripple Made It Happen

Blockchain development company Peersyst worked with Ripple in the implementation of the Colombian National Land Registry on top of the XRP Ledger (XRPL). Part of a national initiative to improve the country’s blockchain capabilities, the announcement was made by high-ranking government officials.

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You Can’t Program Confidence In Crypto, FED Governor Warns

The crypto space has been gaining more and more attention recently. As per usual, government officials are highlighting the possible ways the new ascent class is harmful to retail investors and why the sector needs regulation.

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Is BTC Responsible For These ELSL Stats? Tourism, Investment, Construction Up

In a world tending towards red candles, ELSL is in the green. And not even government officials seem to believe that any of these has to do with the Bitcoin Law. The increases are not crazy, but the upward tendency is clear.

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UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources

As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U. S. government officials. Despite the recent federal stance that stablecoins could pose a rising threat to the U.

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Binance Bans Accounts Tied To Russian Gov’t Officials’ Relatives – Will It Hurt Them?

Crypto asset exchange of digital assets Binance has suspended accounts with ties to Russian government officials’ relatives. Faced with escalating international sanctions in response to Russia’s invasion of Ukraine, the trading platform stated that it will continue to screen customers for connections to sanctioned persons.

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Nigeria Rethinks Crypto Ban, Stakeholders Hold Talks

After Nigeria had instituted a crypto ban for months, the Nigerian Communications Commission (NCC), as well as academics, government officials, and technology enthusiasts, have discussed the advantages of emerging technologies such as Blockchain in boosting the economy.

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Saudi Arabia’s crypto ambition could influence sector talent pool – Swarm Markets’ Timo Lehes

Saudi Arabia, like many of its neighbors in the Middle East, is reportedly eyeing blockchain and cryptocurrency use and adoption across the country. According to one recent report, the Saudi government officials say the country is also ready to explore Web3.

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EU And Sweden Discussed Banning Bitcoin Proof Of Work: FOI Documents

Sweden’s government is urging the European Union to prohibit energy-intensive cryptocurrency mining techniques such as those employed by Bitcoin. Indeed, according to documents obtained through a freedom of information request, EU officials discussed the planned ban on Bitcoin trading with their Swedish counterparts during a recent debate on the legislation to abolish Proof of Work […]

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The Invisible Cost Of War In The Age Of Quantitative Easing

Through increasingly unscrupulous monetary policy, U.S. government officials mask the costs of war from the American public. Bitcoin could fix this.

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Russian Politicians’ Crypto Wallets Targeted By Ukraine – Hefty Reward Up For Grabs

Ukraine is exploring more means of thwarting Russia’s onslaught on their country by running after government official’s crypto wallets. Ukrainian authorities are attempting to stay ahead of crypto-savvy Russian officials who may shift to digital currency in order to evade rising efforts to financially isolate the Kremlin and its allies. Wars can be waged on […]

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First Mover Asia: India Crypto Firms, Regulators Continue Their Regulatory Debate; Bitcoin Recovers From a Post-Invasion Freefall

Indian crypto industry and government officials have continued to discuss possible changes to regulations announced earlier this month; bitcoin returns to its perch above $38,000.

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No, Crypto Won't 'Fix This' for Russia

The global community hopes financial penalties against Russian officials might encourage a swift end to its military actions. Cryptocurrency is an unlikely workaround for Vladimir Putin’s government, according to sanctions and blockchain experts.

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Why Putin says Russia has “competitive advantages” in crypto mining

Vladimir Putin, the president of Russia, during a video conference held on 26th January, has told the government officials that Russia bears certain “competitive advantages” in mining cryptocurrencies such as Bitcoin.

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FTC issues a warning over a new scam involving crypto ATMs

The US Federal Trade Commission (FTC) has published an alert of a new scam that involves cryptocurrency ATMs. The commission has noted that the scam involves individuals impersonating government officials or utility companies.

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Indian taxman recovers $6.62M from WazirX for evading tax on commission

Government officials from CGST Mumbai Zone recovered the funds from crypto exchange WazirX after detecting a GST evasion of $5.43 million on trade commissions.

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Illegal Bitcoin Miners In Russia Could Face Jail Time, Says Russian Parliamentarian

The spotlight on crypto regulations shifts to Russia as government officials seek to punish illegal miners and other offenders with new legislation. High energy consumption of bitcoin miners and its effect on the national grid has been cited by Andrey Lugovoy as his party pushes for the bill.

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Cure for the itch: Deputizing blockchain to fight public corruption

If corrupt government officials try to delete files on the blockchain, “any change will be noticed immediately by other participants.”

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Shanghai Man: AscendEX reopened after $80m hack, Huobi suffers key personnel departures, and government officials punished for mining activities

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Norway joins Sweden in move to ban crypto mining

Norway is considering a crypto mining ban proposal put forth by two Swedish regulatory officials, Minister of Local Government Bjørn Arild Gram insinuated in an interview with Euronews. At the moment, the Nordic country is “considering potential policy measures” to address the “challenges related to crypto mining.

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India’s crypto panel yet to agree on which regulator should oversee the sector

The Parliamentary Standing Committee wants government officials to appear before it to address existing… The post India’s crypto panel yet to agree on which regulator should oversee the sector appeared first on Coin Journal.

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Cardano Developer IOHK And Zanzibar’s High-Ranking Officials Hold ‘Secret Meetings’ — Here’s Every Detail We Know

Input-Output Hong Kong (IOHK), the blockchain research and development arm behind the Cardano protocol, had private meetings with top-ranking government officials of Zanzibar, Tanzania’s tropical archipelago.

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Russian anti-corruption legislation to apply to crypto exchanges

The Russian government has introduced a draft policy for crypto exchanges under its anti-corruption legislation. According to the government’s website, federal security officials are now allowed to send crypto exchanges inquiries.

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Anti-corruption checks to apply to crypto exchanges in Russia

Vladimir Putin's administration has brought in a draft policy for crypto exchanges under its anti-corruption guidelines. The Russian government's website stated that federal security officials can senThe post Anti-corruption checks to apply to crypto exchanges in Russia appeared first on AMBCrypto.

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2nd Blockchain Summit – 10th & 11th October 2021 at Dubai EXPO

Vertex Events Dubai is organizing 2nd Blockchain Summit – (Summit, Awards & Expo) on 10th & 11th October 2021 at Dubai EXPO.   We have a host of prominent international speakers, experts, and Government Officials in blockchain for the event.

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National-Security Officials Warns Against Aggressive Crypto Regulation in Infrastructure Bill

National-security officials are warning that the crypto provision in the $1 trillion bipartisan infrastructure bill proposal could push illicit cryptocurrency transactions into markets where the US government has no reach, reported the WSJ.

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