Japan’s top financial regulator, the Financial Service Agency (FSA), has indicated that it is prepared to reform the nation’s tax laws that govern the way firms and their investors are taxed on their interactions with crypto…. Read More: Japanese Regulator Wants to Reform Crypto Tax Laws for Companies & Investors Read more »Sign up for…
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Russian Prime Minister Mikhail Mishustin has praised digital assets as a payment instrument that could strengthen Russia’s financial independence. The top government official also called for increasing the use of the ruble for international settlements. Head of Russian Government Sees Digital Assets as Tool Ensuring ‘Uninterrupted Payments’ Digital assets can become an alternative to traditional…
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South Korean authorities have swooped on suspected kimchi premium traders – making 16 arrests linked to some USD 1.4bn worth of crypto transactions…. Read More: 16 Arrested in South Korea over Suspected Crypto Kimchi Premium Trading Violations Read more »Sign up for e-EUR – the progressive stablecoin
Paraguayan President Mario Abdo Benítez has spectacularly scuppered a much-vaunted bill that would have legalized and regulated Bitcoin (BTC) and crypto mining in the Latin American country…. Read More: Paraguay President Squashes Bitcoin & Crypto Mining Bill with ‘Total Veto’ Read more »Sign up for e-EUR – the progressive stablecoin
A constitutional court in the Central African Republic has reportedly ruled that the Touadéra government’s offer of land and citizenship to buyers of the sango coin is unconstitutional. The court said the sango-coin-for-citizenship scheme must be stopped because the country’s “nationality has no market value.” Offering Land and Minerals to Sango Coin Investors Ruled Unconstitutional…
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Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors are considering projects for another 200 MW despite constraints stemming from Western sanctions, a report reveals. Annual Income From Crypto Mining With Associated Gas in Russia to Exceed One Billion Rubles Data centers mining cryptocurrencies…
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Albanian authorities have detained the founder and chief executive of the Turkish cryptocurrency exchange Thodex, who allegedly fled Turkey with customer funds as the trading platform collapsed. Faruk Fatih Ozer was wanted for fraud with a red notice issued by Interpol. Albania Captures Alleged Crypto Fraudster, Prepares to Hand Him Over to Turkish Judiciary Police…
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In two days’ time, bitcoin’s price dropped to fresh August lows as it dipped below the $20K per unit region for the first time since mid-July. During that time, two addresses created on December 19, 2013 sent 10,000 bitcoin worth $203 million to unknown wallets after sitting idle for close to nine years. Onchain data…
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Flow rose for a second consecutive session on Tuesday, as the token climbed by 12% earlier in the day. The rebound comes after prices fell to a one-month low over the weekend. Cosmos was also in the green, as it, too, hit a five-day high. Overall, the global crypto market cap is up 0.68% as…
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The Japanese crypto mining operator SBI Crypto has reportedly severed its links with the Russian mining firm BitRiver – following pressure from Washington-based lawmakers…. Read More: SBI Crypto Has Reportedly Cut its Ties with Russian Bitcoin Mining Firm BitRiver Read more »Sign up for e-EUR – the progressive stablecoin
