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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
Alleged Bitcoin Fog Operator Arrested for Money Laundering, Admin Accused of Mixing 1.2 Million BTC
28.4.2021
U.S. law enforcement arrested the alleged operator of Bitcoin Fog, Roman Sterlingov in Los Angeles on Tuesday. Documents show Sterlingov is accused of laundering over 1.2 million bitcoin via the Bitcoin Fog mixer, a tool that allows users to mix transactions together. According to federal...
Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning
28.4.2021
Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...
Crypto tax in South Korea is ‘inevitable’ in 2022, says minister
27.4.2021
South Korea’s finance minister said that cryptocurrencies like Bitcoin will be taxed as “intangible assets.”
South Korean Prime Minister nominee to look into controversial crypto tax law
26.4.2021
South Korea’s crypto tax law continues to face significant opposition from cryptocurrency proponents in the county
Bitgo Chosen to Manage Seized Cryptocurrencies for the US Marshals Service
23.4.2021
The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according...
Craig Wright’s Law Firm Granted Permission from High Court to Serve Bitcoin.org Operator Cobra
22.4.2021
On April 22, published documents stemming from law firm Ontier LLP show London’s High Court is granting the law firm permission to serve legal proceedings over copyright infringement against the owner of bitcoin.org, a pseudonymous operator called “Cøbra.” The legal...
New digital dispute rules aim to keep crypto disagreements out of court
22.4.2021
New digital dispute rules could keep smart contract disagreements out of the courts with the help of an independent arbitration tribunal