Regulation This week China’s central television (CCTV 2) reported the Peoples Bank of China (PBOC), its Ministry of Public Security, in coordination with other regulatory agencies, will work to combat cybercrime often in the disguise of financial innovation. Also Read: Some UK Mortgage Lenders Refuse to Serve Bitcoin Investors 2,000 Tokens, 3,000 Knockoff Platforms The People’s Bank of China, the Supreme People’s
Taxes Are you an Australian citizen and worried you might not be paying all the taxes you are due on your bitcoin investments? Well, worry no more because the government is here to help. A group of experts has been assembled to make sure no satoshi goes untaxed in the land down under. Also Read: SEC Suspends Trading in Blockchain
Regulation The Malaysian financial regulator has issued an order to the team behind an Initial Coin Offering (ICO) to halt any operations in the country. This is just another example of how authorities in different regions are trying to limit access to ICOs from the investing public under their jurisdictions. Also Read: New Monero Mining Malware Sends Proceeds to Kim
Regulation An official at Iran’s biggest bank called for bankers to use digital currencies themselves and design a domestic digital currency. Also Read: Iranian Bitcoin Adoption Surges Amid Political Protests and Censorship Digital Currencies Shaping the Future of Banking Masoud Khatouni, the deputy for information technology and communications network at Bank Melli Iran (BMI), has come out in favor of cryptocurrencies.
Featured The US government has been approved by a federal judge in Utah to sell 513 Bitcoin and 512 Bitcoin Cash seized from an investigation involving Aaron Michael Shamo, a dark web dealer. Also Read: Bitfury as Big Brother: Mining Company Tracks Bitcoiners 513 Bitcoin and 512 Bitcoin Cash The U.S government is expected to sell all crypto assets of Aaron
Mining In recent days a number of conflicting reports have surfaced pertaining to the stance of China’s government with regards to bitcoin mining. Last week, Bloomberg reported that the People’s Bank of China (PBOC) had met to discuss curbing mining operations in China, whilst Chinese media reports denied such – however, it has since emerged that the local government of
Taxes Cryptocurrency law can be maddeningly vague. From taxation to commodities, the US constitution is characterized by ill-defined and occasionally contradictory statutes regarding digital currencies. Law reform moves at a glacial pace, leaving the status of cryptocurrencies often unlegislated. For cryptocurrency users trying to navigate murky legal waters, this ambiguity can be frustrating. A new website promises to add some
Regulation The U.S. Securities and Exchange Commission (SEC)’s investigation over shady behavior in the cryptocurrency market will only continue, said former chairman Harvey Pitt. Also Read: Popular Chat App Kakao’s Exchange Upbit Claims Number One Spot in South Korea Tighter Regulation on the Horizon SEC this Tuesday halted trading of The Crypto Co. over manipulation concerns after a massive stock leap.
Regulation Any American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut. Also Read: South Africa Wants to Track and Tax Bitcoin
Regulation It’s said that nothing in this world is certain, except death and taxes. And at least for the latter we can be sure that the powers-that-be are not going to let this change without a fight. The latest country now known to be looking at taxing bitcoin trading is South Africa. Also Read: Tax Investigators Raid Bitcoin Exchanges Across