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US Congress Will Not Pass Cryptocurrency Legislation Anytime Soon, Says Lawmaker
24.5.2021
U.S. Congressman Jim Himes says that Congress is not ready to pass cryptocurrency legislation anytime soon, citing a lack of deep understanding of cryptocurrencies among lawmakers. “There’s going to be a lot of discussion in the coming years about ways to regulate”...
Russian Lawmakers Move to Allow Crypto Payments Under Contracts
24.5.2021
Members of the State Duma are now working on amendments that will permit the use of cryptocurrency as a contractual means of payment. Digital financial assets are regarded as property under Russian law and the changes will legalize crypto payments between parties to a contract. State Duma to Amend...
Pikachu Just Got Arrested On The Pokémon TV Anime
21.5.2021
Things sure got real on this week’s episode of Pocket Monster, the latest Pokémon TV anime series.Read more
Woman Arrested For Allegedly Sending Customer Bottle Water Instead Of PS5
20.5.2021
Ikuko Tokuoka, a 41-year-old unemployed woman in Shiga, Japan, has been arrested for fraud after allegedly sending a customer two bottles of water instead of a PlayStation 5.Read more
Election Candidates in Russia to Disclose Crypto Investments, New Bill Suggests
20.5.2021
A new bill obliging candidates running for election in Russia to declare their spending on digital assets has hit the floor of the State Duma. According to the draft, Russian politicians will be required to disclose details about every crypto purchase they and their families make, if the total...
Blockchain will thrive once innovators and regulators work together
15.5.2021
Emerging technology such as blockchain can change the world for the better, but regulation and innovation must work in tandem
Texas house passes crypto-friendly bill, now goes to senate
11.5.2021
Governor Greg Abbott has already hinted he is open to signing the bill into law
Indonesia considers capital gains tax on cryptocurrency trades
11.5.2021
A new capital gains tax scheme on crypto trades is still being discussed, according to a tax official
Nebraska bill to allow banks to offer crypto services moves forward
11.5.2021
Nebraska senators have favored a measure that would allow state banks to facilitate crypto transactions like those in Wyoming
South African Regulator Apologizes to Crypto Firm After Issuing Then Withdrawing a Warning in Less Than 24 Hours
9.5.2021
South Africa’s Financial Sector Conduct Authority (FSCA) has apologized to a Cape Town-based crypto start, Ovex, less than 24 hours after warning that the firm was operating outside the law. Ovex Does Not Require Licence From FSCA In its May 7 retraction, the financial watchdog said...
Turkish government to track crypto transactions over $1,200
7.5.2021
Turkey's Minister of Treasury and Finance sheds light on regulatory actions following an alleged $150 million crypto exchange scam
Indian start-up organization proposes regulatory framework for crypto
6.5.2021
An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies
Apple To Epic: What's A Kotaku?
6.5.2021
Today, as part of the ongoing Epic v. Apple court case, Apple counsel Rich Doren, while cross examining Epic engineer Andrew Grant about a Minecraft Earth-related email chain between Epic employees, asked a very important question.Read more
Survey shows South Koreans support crypto tax law
3.5.2021
More than half of the survey respondents favored the controversial crypto tax law in South Korea
South African Women Lose Money to Crypto Scammer Who Convinced Them That Botswana Pula Coins Are Bitcoins
1.5.2021
A group of South African investors recently confessed to losing money to a brazen scammer after he convinced them to buy and hold nearly worthless physical coins. The coins, which are denominated in the Bostwana pula currency, were initially sold to a group of South African women back in 2019 when...
Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities
1.5.2021
Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure. Although it was reported as a rumor by international media outlets, Chinese state media confirmed...
Uzbek presidential agency proposes legalizing domestic crypto trading
30.4.2021
Uzbekistan wants to lift its ban on cryptocurrency purchases after barring residents from buying crypto in 2019
New Jersey County Liquidates Bitcoin Seized in 2018, Profiting Almost 300%
30.4.2021
Individuals and companies are not the only ones who take advantage of the significant bitcoin prices surging across the board, despite recent pullbacks. In New Jersey, United States, a county yielded profits after liquidating seized cryptocurrencies during a drug investigation. Authorities Gained...
Venezuelan Programmer Who Created the Petro Token Regrets Participating in the Project — Works on an Alternative Token
29.4.2021
Venezuela’s government-backed cryptocurrency is not having the acceptance its cabinet expected, as the latest reports suggest. The petro’s creator, who now lives in exile, wants to build another crypto that gets the adoption its original creation did not in the nation. Jiménez...
County in New Jersey makes 250% profit from crypto seized in 2018
29.4.2021
County authorities captured the cryptocurrency during a 2018 drug bust in Long Branch