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Turkish Government Freezes Over 3 Million Bank Accounts


Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...

The Hype Has Faded But Demand Remains for Enterprise Blockchains


The days when blockchain was portrayed as a cure-all for businesses of all kinds have gone. Now that the hype has faded, enterprise blockchain projects have quietly begun to ship. While some of these initiatives have faded into obscurity, others have prospered, suggesting that there’s life...

Brazilian, Mexican Regulators on the Warpath for Crypto Businesses


Cryptocurrency may be booming in Latin America, but exchanges and brokers run the risk of falling afoul of regulators – with government agencies in Brazil and Mexico looking to crack down on non-compliant platforms and brokerages. The Securities and Exchange Commission of Brazil, known locally...

Malta Financial Services Authority Plans To Monitor Crypto Businesses


The Malta Financial Services Authority (MFSA) spoke in a recent outline, their strategy in the published article. According to the document, the plan revolves around actively monitoring & managing risks to cryptocurrency business & firms. Malta is already a habitat to numerous crypto...

Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin


Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature...

Crypto Salaries Gain Regulatory Recognition Around the World


Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence...

Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached


One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks...

Apple Mobile Devices to be Supplied to Australian Businesses by Macquarie


The biggest tech companies in the world have grown immensely over the course of the past two decades by signing deals that make it possible for them to take their products to all concerns of the globe. It is no different for Apple, which has produced some of the most popular products during this...

Thailand Approves 4 New Cryptocurrency Service Providers


The Thai Securities and Exchange Commission has approved four new crypto business operators to legally operate in the country. In addition to licensing a new crypto exchange, the government has officially approved the country’s first three digital token portals. Meanwhile, new rules...

Electronics Giant LG and Unicorn Might Launch Crypto Businesses


East Asia’s cryptocurrency scene could soon welcome two new big-hitting players – in the form of South Korean mobile finance provider Toss and electronics giant LG. Per a report from Newsway, Toss is one of three mobile finance companies hoping to win approval for securities trading from the South...

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