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Crypto Tax Evasion ‘Rampant’ in Japan


Cryptocurrency tax evasion is rife in Japan, per a report by local media. It claims that some 50 people and 30 companies have failed to declare over USD 92 million worth of cryptocurrency transactions. Asahi Shimbun claims that the companies in question include a Tokyo-based enterprise that trades...

Ex-CEO of Mt. Gox, Mark Karpeles Starting a New Blockchain Business


Mark Karpeles. Source: a video screenshot, Youtube, whatbitcoindid Mark Karpeles, the founder of the infamous, fallen Bitcoin exchange Mt. Gox is allegedly starting a new blockchain business in Japan. This was reportedly told by Karpeles himself in the comments to the press attending a news...

PR: Monarch Wallet Updates Bring SLP Support


Monarch Blockchain Corporation has updated the Monarch Wallet for Android & iOS with a new user interface, full transaction history support for all tokens, SLP token support, SLP Faucet where users can receive free SLP tokens and their Universal KYC Has Also Been Launched! The post PR: Monarch...

Marshal Islands Ignores IMF Warning and Continues their Coin Project


The small and remote Pacific island country, the Republic of the Marshall Islands (RMI), has announced that they have formed a non-profit organization, called the SOV Development Fund, moving forward with their coin project despite the warnings by the International Monetary Fund (IMF). The purpose...

Malaysia Begins Approving Crypto Exchange Registrations


Malaysia’s securities commission has begun registering cryptocurrency exchanges after it started regulating the crypto space earlier this year. The first three crypto trading platform operators have been conditionally approved and given nine months to comply with registration requirements....

Kin Crashes on SEC Lawsuit News


Kin (KIN), the native token of the Kin blockchain, crashed following the news that the U.S. Securities and Exchange Commission (SEC) sued developer of this ecosystem, Canada-based Kik Interactive. The price of KIN, which is now ranked 232nd by market capitalization, nosedived by 45% after the news...

Anypay and Cointext Launch BCH-Powered Remittance Solution for Merchants


On June 3, crypto startups Anypay and Cointext debuted a global remittance application for independent merchants. The new payment solution utilizes bitcoin cash (BCH) and allows anyone from anywhere to send funds faster and cheaper than traditional remittance platforms. Also read:...

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