Australia’s tax agency, the Australian Tax Office (ATO), will seek to contact cryptocurrency traders personally about tax issues as part of a new data collection scheme, officials confirmed in a statement on April 30. The…
Tag: crypto regulation
Brazilian Police Arrest Suspect for Money Laundering With Bitcoin
Brazilian police have arrested a man for operating a clandestine drug laboratory and using the leading cryptocurrency bitcoin (BTC) to launder the proceeds, Cointelegraph Brasil reported on April 24. The State Department…
Coinbase Files to Close Its Political Action Committee
Major United States-based cryptocurrency exchange Coinbase has filed to close its politicalaction committee (PAC) on April 3. According to a filing with the Federal Election Commission (FEC) — the regulatory agency in charge of enforcing election laws —…
Japanese Bank Abandons Work With SBI Ripple’s ‘Money Tap’ App
Yogita Khatri Apr 12, 2019 at 12:25 UTC Updated Apr 12, 2019 at 12:35 UTCNEW Resona, one of the three Japanese banks working with SBI Holdings and Ripple on their cash…
The Upside of Bitcoin’s Upside (It’s Not What You Think)
The rally last week in cryptocurrency prices sent tremors of excitement through the mainstream press – is bitcoin “doing its thing” again? Could we be on the verge of…
ETHEREUM’S VITALIK BUTERIN CLASHES WITH BITCOIN-BASHER ‘DR. DOOM’
Perennial Bitcoin basher and anti-cryptocurrency campaigner, Nouriel Roubini and Ethereum founder Vitalik Buterin had a heated debate at the second edition of the Deconomy blockchain event in Seoul, South…
Hong Kong: Illicit Crypto Mining Operations Are Punishable by Fine or Imprisonment
The secretary of Hong Kong’s Financial Services and the Treasury has stated that crypto miningoperations are regulated by local trading law. His written response to Hong Kong’s Legislative Council was published on Wednesday, April 3….
Japan: Yahoo!-Backed Cryptocurrency Exchange Set for May Launch
Japanese cryptocurrency exchange Taotao (formerly BitARG) will start trading a limited range of cryptocurrencies in May, Cointelegraph Japan reported on March 25. Taotao, which is 40 percent owned by a subsidiary of Yahoo! Japan, will…
US Institutional Crypto Exchange Seed CX Expands to Asia With New Partnership
United States-based institutional cryptocurrency exchange Seed CX has partnered with Singapore-based fintech company Hydra X to offer its trading service in Asia. Seed CX announced the development in a press release published on March 21. Per the…
Major Latin American E-Commerce Company Bans Cryptocurrency-Related Ads
The largest e-commerce company in Latin America, Mercado Livre, has banned cryptocurrencyadvertising on their website, Cointelegraph em Português reported on March 18. The development was revealed in an exclusive interview with Cointelegraph…
