South Korean Parliament Postpones New Law on 20% Tax on Transactions with Crypto
27 November 2020 09:06, UTC Denis Goncharenko
The law on 20% tax on income derived from transactions with cryptocurrencies will come into force on January 1, 2022. It was originally supposed to come into force on October 1, 2021
Crypto Investors Get Warning Notices From the IRS
26 November 2020 12:00, UTC Nick James
The Internet Revenue Service in the United States (IRS) has sent out many letters to crypto investors reiterating the fact that they have pending taxes on their unreported profits from cryptocurrency
U.S. Senator Vows to Bring Bitcoin Debate to National Level
20 November 2020 13:13, UTC Nick James
American politician Cynthia Lummis was recently elected to the U.S. Senate and thus became the first member of the upper house of Congress to publicly declare her assets in Bitcoin
Cryptocurrency Tax Guide: How To Prepare Your Bitcoin Tax Filing?
17 November 2020 07:35, UTC Julia Beyers
Cryptocurrencies have gained significant clout in the past year. Their value continues to rise and people purchase bitcoin and sell it for profit on a daily basis
China's Central Bank Chief Announces 4 million Transactions in Digital Yuan
06 November 2020 13:23, UTC Nick James
The Governor of the People's Bank of China Yi Gang believes that the tests of the digital yuan held in several cities demonstrated the validity of the instrument issued by the Central Bank
Ex-PBoC Governor Says Digital Yuan Will Favor Local Markets
05 November 2020 15:00, UTC Denis Goncharenko
The digital Yuan will mostly favor the local retail market in order to prevent the dollarisation of the Chinese economy. This is a highly political matter that China has been trying to deal with for decades
No Time To Waste: Canada Seriously Considering The Future Of Crypto As The Main Currency
19 October 2020 12:15, UTC Veronika Malinboym
Canada is among those countries that are taking some real steps towards understanding how cryptocurrency should be approached
Could Denmark's Blockchain Proposal Work?
08 October 2020 16:00, UTC Denis Goncharenko
Recently, the Ministry of Foreign Affairs of Denmark has released a new report which suggests that focusing on digital instruments has become essential
USA: a Step Closer to Proper Digital Asset Regulations
06 October 2020 12:43, UTC Veronika Malinboym
According to the new letter issued by the US SEC on September 25th, the process of broker-dealer operated digital asset securities will become less lengthy and complex and more secure
Singapore Cryptocurrency Regulations Fuelling Online Gambling In Malaysia
02 October 2020 07:27, UTC Denis Goncharenko
For Singaporeans, cryptocurrency has long been a gateway to something which cannot be accessed if not approached anonymously
Banking Regulators in the USA Authorize the Holding of Stablecoins in Reserves
28 September 2020 11:52, UTC Denis Goncharenko
Presently, federal banks are expected by the Office of the Comptroller of the Currency (OCC) to feel comfortable offering services to the users of stablecoin providers
The Government of Abkhazia Blames Crypto Mining for the Energy Crisis
21 September 2020 08:55, UTC Denis Goncharenko
The government placed a ban on crypto mining a year ago, which has been ignored by a majority of local authorities
Over 1000 Crypto Farms Brought Down by the Iranian Government
07 September 2020 15:30, UTC Denis Goncharenko
With the US atomic sanctions program hitting Iran economically, Iranians frequently talk about the topic of how wealth can safely be stored
New Developments in China's National Blockchain
19 August 2020 11:34, UTC Devin Partida
China is edging closer to their goal of being the world's leader in blockchain technologies. The country announced their nationwide Blockchain-based Services Network (BSN) in November 2019 and has made significant strides since then
China’s Digital Yuan (DCEP) to Reportedly Target Dominance of Alibaba and Tencent
07 August 2020 10:00, UTC Denis Goncharenko
Currently, Alibaba’s financial subsidiary Alipay and Tencent’s WeChat Pay control the majority of the digital payments across the whole country while banks have been left far behind
Lithuania Releases Crypto Token
29 July 2020 09:53, UTC Nick James
On July 23rd, the Bank of Lithuania released a blockchain-based coin commemorating its 1918 Act of Independence with all 20 signatories included
Ghana’s Central Bank Thinking of Piloting Digital Currency
27 July 2020 14:12, UTC Denis Goncharenko
The first deputy governor of Ghana’s Central Bank (BoG) declared that they are still looking forward to potentially introducing their own digital currency
The FATF Announces the Need for New Guidelines for the Crypto Industry
08 July 2020 13:40, UTC Denis Goncharenko
The new president considers it necessary to amend the guidelines for the cryptocurrency industry, as many countries still have not fully implemented previously accepted standard
Canada Updates Digital Asset Classification. What About Bitcoin ATMs?
08 June 2020 09:40, UTC Denis Goncharenko
Canadian authorities will now classify digital asset companies as financial services companies. Since June 1, amendments to the anti-laundering law will be enacted in the country
Antigua’s Parliament Accepted New Crypto Regulation Bill
04 June 2020 11:05, UTC Denis Goncharenko
The Caribbean region has faced numerous challenges regarding cryptocurrencies and trading in general. However, the new bill is a significant step forward to ensure the crypto-friendly environment in Antigua

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