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South Korean Taxman to Be Granted Right to Search Crypto Tax Evaders’ Homes
25.9.2021
oins could be liquidated – and bailiffs could be sent to search their houses.Crypto is not yet taxable in South Korea, but as of January 1, 2022, all crypto profits above USD 2,100 will need to be declared, and traders will be
Morgan Stanley’s Executive Likens Bitcoin’s Resilience to Kenny Who Dies in Every South Park Episode
25.9.2021
Morgan Stanley Investment Management’s Dennis Lynch, says that bitcoin’s resilience is like Kenny from the popular TV series South Park. In almost every episode, Kenny comically died but always came back, just like how bitcoin bounces back every time after a bear market. Bitcoin...
Small Business Owners Study Says Los Angeles Ranks the Most Crypto-Friendly City in the US
25.9.2021
A recent study conducted by the online invoicing company that works with small businesses Skynova explains that the city of Los Angeles (LA) is the “most crypto-friendly city in the United States.” Skynova surveyed close to 600 small business owners and top-level executives from...
Crypto has recovered from China's FUD nearly two dozen times in the last 12 years
25.9.2021
Since 2009, China and Hong Kong have "banned" or otherwise caused FUD in the crypto space on 22 separate occasions
Kentucky Sends Cease and Desist Order to Crypto Lending Platform Celsius Over Interest-Bearing Accounts
24.9.2021
Six days ago, the securities regulators from New Jersey and Texas cracked down on the cryptocurrency lending platform Celsius. Additionally, the Alabama Securities Commission joined in and filed a cease and desist order against Celsius. Now the state of Kentucky is following suit and has filed...
Yemen national uses crypto donations to fight starvation amid civil war
24.9.2021
16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels
Gavin Andresen Publishes Theory of Possible Crypto Future: Whales Shut Down the BTC Network in the Year 2100
24.9.2021
On September 21, former Bitcoin developer Gavin Andresen published an interesting blog post about “a possible [Bitcoin] future.” The blog post details a theoretical situation for the Bitcoin network in 2061, where most [bitcoin] transactions don’t happen on the [Bitcoin]...
Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban
24.9.2021
REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains
10 Crypto Exchanges File for Registration With Korean Regulators Ahead of Deadline
24.9.2021
Cryptocurrency exchanges in South Korea have until midnight on Friday to register with financial authorities in order to continue operating legally. Only 10 digital asset trading platforms have already submitted their documents to the Korean anti-money laundering body. Compliance Deadline for...
China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’
24.9.2021
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it...
Ethereum drops more than Bitcoin as China escalates crypto ban, ETH/BTC at 3-week low
24.9.2021
The second-largest cryptocurrency falls 13.30% versus Bitcoin's 9.38% decline as China's move scares investors away
Ukraine joins the comity of crypto-friendly nations with new regulation
24.9.2021
Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country
Institutions Turning from Bitcoin to Ethereum Futures, JPMorgan Claims
24.9.2021
erest, as expectations for the number one cryptocurrency – BTC – have softened, Insider reported.As evi
Fintech Firm Centbee Graduates From South African Regulatory Sandbox
24.9.2021
Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory...
Chinese regulators unite forces to crack down on crypto
24.9.2021
The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto
Old FUD, new BTC price dip — Weeks-old China crypto 'ban' sparks $42K Bitcoin price drop
24.9.2021
Old news suddenly gets picked up on social media, sparking an instant crypto price crash
Bank of Russia Lists Crypto Companies Among Financial Pyramids
24.9.2021
The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank...
WallStreetBets Puts Crypto In Its Crosshairs With New Subreddit
24.9.2021
bsp;The WSB subreddit now has almost 11m followers, while the new one - over 12,000.WBS community has risen to prominence by carrying out the GameStop short squeeze and bringing a number
SEC is 'open to discussion' when it comes to crypto: Kraken chief lawyer
24.9.2021
Kraken's Marco Santori points to the adversarial stance taken by some crypto firms towards regulators
Crypto adoption is a ‘huge challenge,' says Chinese central bank exec
24.9.2021
PBoC maintains its anti-crypto stance despite local players experimenting with digital yuan-pegged stablecoins