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US Lags Behind Other Nations Regarding CBDCs, Says Former CFTC Commissioner
22.7.2020
According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC
Korean Government Proposes Tough New 22% Tax on Crypto Trading
22.7.2020
Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal
South Korea Finalizes Cryptocurrency Income Tax of 20%
22.7.2020
South Korea has finalized a new 20% tax rate for income generated from crypto trading
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
21.7.2020
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says
Crypto Tax Disclosures Can Help With Internal Revenue Service
21.7.2020
Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk
SEC Commissioner Peirce Asks ‘Who Did We Protect?’ in Telegram Shutdown
21.7.2020
Commissioner Hester Peirce clearly doesn’t see the SEC’s courtroom win against Telegram as a victory for the regulator or innovation in the U.S
China’s Blockchain Network Splits Over Disagreement About Public Chains
21.7.2020
China’s Blockchain Service Network splits into two entities after the pushback from state-controlled entities on the integration of public blockchains
US State of Texas Saddles Up to Become the Next Blockchain Capital
21.7.2020
Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities
Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
21.7.2020
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin
Philippines Launches Blockchain App to Distribute Government Bonds
21.7.2020
The Philippines has launched a blockchain-enabled mobile application for the distribution of government-issued bonds
UK Treasury Wants to Bring Crypto Ads Under Direct Gov’t Oversight
21.7.2020
British consumers need stronger rules to protect them from deceptive crypto ads, says U.K. minister
Global Banks Reportedly Limit Service in Hong Kong for Political Reasons
20.7.2020
Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law
Updated Russian Crypto Bill Defangs Punishments for Using Crypto
20.7.2020
Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might
UK Government Moving to Restrict Cryptocurrency Promotions
20.7.2020
Under the U.K. government's proposals, unauthorized companies would need explicit approval to legally market cryptocurrency products
Bank of Japan Has New CBDC Research Team But No Plans to Launch
20.7.2020
Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team
Missing Wirecard Exec Found in Belarus; Russia’s FSB Involvement Suspected
19.7.2020
Russian intelligence might have a lot to do with helping former Wirecard COO Jan Marsalek disappear into thin air
German Court Rules to Limit Authorities’ Access to People’s Data
19.7.2020
The German constitutional court has ruled that the police and intelligence officials have too much access to people’s personal mobile phone and internet data. A win for privacy activists, the court has directed the government to amend applicable laws to better protect the privacy of German...
Getting Out of Cash Is Key to Wealth and Inflation Protection, Pompliano Says
18.7.2020
Describing the current economic state, including pending inflation, Anthony Pompliano noted exiting cash into other assets as the key to wealth
Venezuela Bans Bitcoin Mining Operations in the Country’s Public Housing Sector
18.7.2020
According to the Venezuelan Minister of Habitat and Housing, the government has banned mining operations in any low-income neighborhoods with subsidized housing. Ildemaro Villarroel told the public the restrictions are due to “high power consumption” in those areas. The United Socialist...
Former Finance Secretary Subhash Chandra Garg Proposes Regulating Crypto as Commodity in India
18.7.2020
Subhash Chandra Garg, former Finance and Economic Affairs Secretary of India, has told the Indian crypto community that crypto assets should be regulated as commodities. However, he stands by his draft crypto bill that bitcoin and other cryptocurrencies should be outlawed. Garg Proposes Indian...