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Blockchain Bites: China’s Commitment, Sanctions Evasion, and a Look at Bitcoin’s Core
7.4.2020
Dial-up daydreams, Zoom alternatives, and how blockchain is lending a helping hand during the coronavirus crisis
Gemcoin Founder Agrees to Plead Guilty to Fraud, Tax Evasion for $147M Scheme
19.2.2020
Steve Chen agreed to plead guilty to tax evasion and conspiracy to commit wire fraud in connection with the $147 million Gemcoin scheme
Tax Agencies Step Up Efforts to Hone in on Crypto Tax Evasion
25.1.2020
Industry commentators speak out over the shrinking anonymity in crypto: “There was no chance that such a growing industry would escape unnoticed”
Transformation, Domination, Evasion, and 20 Crypto Jokes
25.1.2020
This week in crypto, experts at the WEF said that digital finance, crypto and blockchain-powered economics are sweeping through markets in the developing world unchallenged and that digital tokens could transform the world of business and art. While Binance aims to find more merchants for its...
Britain’s Tax Agency Cracking Down on Crypto Tax Evasion
21.1.2020
Britain’s highest tax authority, Her Majesty’s Revenue & Customs (HMRC), has issued a request for blockchain analysis tools. The main goal, per the request, is to find and implement technology that allows the government to track and tax cryptocurrency users.
The problem facing the British...
Britain’s Tax Agency Offering Contract for Tech to Combat Crypto Tax Evasion
21.1.2020
As cyber crimes evolve, Britain’s tax agency pursues new tech to combat growing tax evasion using crypto
France’s Social Media Stalking Points to the Violence of Fiat, Consent of Crypto
29.12.2019
France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car. The country’s budget minister, Gérald Darmanin, called...
Is Greece Cracking Down on Tax Evasion or Taxing Anonymity?
11.12.2019
Credit cards and bank transfers – and their incumbent surveillance features – are no longer payment options for Greek citizens, they are obligations
When Cash Is Banned, Centralized Cryptos Are Not Going to Save You
30.7.2019
Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many...
Cryptocurrency Sanctions Evasion ‘Already Happening’
30.7.2019
A financial expert believes cryptocurrencies are already playing a role in Iran and Russia’s fight against economic sanctions – and says the states’ government may turn to miners for further assistance.
Per a report from Russian media outlet 360, Alex de Vries, Senior Consultant and Blockchain...
Who Are the Real Thieves? Danish Authorities Seize 3 Ferraris in Tax Evasion Crackdown
8.7.2019
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian...
Belarus General Prosecutor Warns About Cryptocurrency’s Use in Tax Evasion
5.6.2019
Belarus remains worried about crypto’s role in cybercrime and tax evasion, according to comments from the country’s general prosecutor
Crypto Tax Evasion ‘Rampant’ in Japan
5.6.2019
Cryptocurrency tax evasion is rife in Japan, per a report by local media. It claims that some 50 people and 30 companies have failed to declare over USD 92 million worth of cryptocurrency transactions.
Asahi Shimbun claims that the companies in question include a Tokyo-based enterprise that trades...