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Korean Government Confiscates $47 Million in Crypto From Tax Evaders


South Korean authorities have identified thousands of tax evaders as part of an intensifying crackdown on tax dodging among crypto investors. Following a prolonged investigation, the government has reportedly seized cryptocurrency worth millions of dollars. Tax Agents Target Wealthy Tax Evaders...

Switzerland’s Largest Bank UBS Mulls Over Cryptocurrency Services


Swiss investment bank UBS Group is reportedly exploring offering cryptocurrency services to its wealthy clients. UBS joins a growing list of major investment banks that are either already offering or planning to offer crypto investments to their clients, including Morgan Stanley, Goldman Sachs,...

Goldman Sachs to Offer ‘Full Spectrum’ of Bitcoin Investments


Goldman Sachs has revealed that it will be offering bitcoin investments to its wealth management clients. The investment bank reportedly plans to offer a “full spectrum” of bitcoin investments, “whether that’s through the physical bitcoin, derivatives or traditional...

Dubai Government Licensing Entity Now Accepts Bitcoin for Payments


A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues...

Former Prudential Financial CEO George Ball Says Now Time to Buy Bitcoin


Former Prudential Financial CEO George Ball is advising wealthy investors to acquire bitcoin because it is the only asset that cannot be undermined by the government. Ball made the comments while discussing adjustments that investors need to make to their portfolios. Now CEO at Sander Morris...

Bitcoin History Part 22: The New Wealthy Elite


“I am pretty confident we are the new wealthy elite, gentlemen, even with a sum as small as 10 bitcoins … The world just isn’t going to be the same and we have been blessed as the pioneers.” When these remarks were made in June of 2011, they seemed hopeful to the point...

Bitcoin Trades for a Premium in Hong Kong During Protests


Right now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the protests, the country’s political issues are reportedly pushing wealthy Hong Kong residents to move their capital offshore. Since last week, the price...

The web can be anything we want it to be


I really enjoyed this chat between Bruce Lawson and Mustafa Kurtuldu where they talked about browser support and the health of the web. Bruce expands upon a lot of the thoughts in a post he wrote last year called World Wide Web, Not Wealthy Western Web where he writes: ...across the world...

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