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Crypto Startups to Get up to $75,000 From the Government of Ukraine
5.12.2019
Ukrainian crypto companies can now receive up to $75,000 each in the form of government sponsored grants. A special fund set up by the authorities in Kiev is already accepting applications from startups in various high tech sectors including the blockchain industry. Over $1.5 million will...
European Crypto Exchange Bitbay Ends Monero Trading due to Anonymity Features
27.11.2019
Authorities around the world are trying to stamp out online anonymity in various ways, sacrificing users’ privacy for alleged security. One of these ways is forcing digital asset exchanges to drop support for some cryptos, as European venue Bitbay is now the latest to do with monero. Also...
How to Navigate the Minefield of Cryptocurrency Taxation
23.11.2019
National tax agencies have recently made it clear that the long arms of the law will be wielded to ensure bitcoiners pay the appropriate tax on their earnings. Motivated by surging interest in crypto, authorities are cracking the whip and instilling fear in those who have, until now, dismissed...
Chinese Authorities Scrutinize and Report on Crypto Exchanges
19.11.2019
According to a notice issued on weibo.com, and later confirmed as authentic by business publication Caixin, authorities in Shanghai appear to have dispatched officials for conducting reviews of area businesses engaged in cryptocurrency dealings, and are set to report back to financial regulators...
US Authorities Arrest Alleged SIM Swappers After Crypto Thefts
14.11.2019
The FBI has arrested two individuals on charges of stealing and attempting to steal $550,000 in cryptocurrency by SIM swapping 10 victims
John McAfee: Authorities Should Not Expect Crypto Firms to Stop Crypto Crimes
12.11.2019
John McAfee has argued that authorities should not require crypto companies and exchanges to help them control digital currency’s use in illicit activities
Johannesburg Authorities Refuse to Pay Hackers’ Bitcoin Ransom
30.10.2019
Johannesburg authorities have said they will not concede to hackers’ demand of 4 Bitcoin in the aftermath of a major municipal systems breach last week
Privacy Vs. Security, Do Authorities Monitor Every Crypto Transaction?
28.10.2019
Bitcoin’s pseudonymity makes it easier to monitor any cryptocurrency transaction, but will increased tracking lead to ensuring better compliance?
Tax Form to Report Revenues From Cryptocurrency Trading Issued in Poland
26.10.2019
Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read:...
Russia Blocks 2 Crypto News Websites
19.10.2019
Russian authorities have restricted access to a couple of cryptocurrency news outlets. The formal reasons for the censorship move are different in each case but the end result is the same. In both, regulators have acted on the basis of a law that empowers them to block online sources of information...
US Authorities Analyze Bitcoin Transactions to Shut Down Child Porn Ring
16.10.2019
U.S. law enforcement agencies mapped out the server of the largest child porn site by tracing Bitcoin transactions
Reuters: Facebook Met British Authorities Prior to Libra’s Official Announcement
18.9.2019
This spring, Facebook reportedly met with U.K. officials in a bid to get their support for Libra before its public announcement
Liechtenstein Authorities Allow Neufund Firm To Launch Public Token Offerings
16.9.2019
The Financial Monetary Authority of Liechtenstein has given their nod to Berlin-based fintech firm, Neufund to launch public offerings through its tokenized equity network. On September 16, 2019, Neufund announced retail-grade public offerings concerning tokenized equity with the least ticket value...
Chinese Authorities Plan Crackdown on Crypto Mining in Inner Mongolia
14.9.2019
Chinese regulators look to new regulation for crypto mining in Inner Mongolia
PR: PayKassa.pro Launches Multifunctional Payment Aggregator
5.9.2019
Cryptocurrencies will be in great demand in the future, as the cryptocurrency market surprised skeptics once again. As soon as Bitcoin began its bullish trend, hundreds of other crypto coins followed the example. The authorities of large countries are starting to think about regulation,...
Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin
3.9.2019
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...
Cryptocurrency Mining Equipment Seized by Ukrainian Authorities from Nuclear Power Plant
22.8.2019
The Ukrainian authorities have seized mining equipment for cryptocurrency from a site of the nuclear power station. As reported by the local media, SBU (the Security Service of Ukraine) has confiscated an optical fiber cable, portion of a network cable, and a media converter on 10th July 2019,...
Authorities Seize Crypto Mining Equipment from Nuclear Power Plant
21.8.2019
Two raids of the South Ukrainian Nuclear Power Plant uncovered GPUs, hard drives, and cooling equipment used to mine cryptocurrencies
From Booze to Bitcoin Mining – Why Violent Prohibition Is Always Harmful
6.8.2019
Stories continue to emerge about newly discovered illegal mining operations being busted by state and corporate authorities. Just last week Iranian media reported the seizure of 177 Bitcoin mining units worth over $270,000 being smuggled via truck in the Arak region. On July 31, Russia’s...
More Cities and Regions Accepting Coins for Taxes, Services
6.8.2019
Cryptocurrency payments, as convenient as they can be, are still something most governments are trying to wrap their heads around and regulate. Local authorities, however, being closer to the citizens they are called upon to serve, are often quicker to adopt novelties that make their lives and...