Paxos Wins Regulatory Approval From Monetary Authority of Singapore
The custodian and back-end provider is the first crypto firm to gain regulatory approval in both New York and Singapore. Source
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EU Wants New Anti-Money Laundering Authority to Have Crypto Oversight: Report
The EU is setting up an anti-money laundering watchdog, and leaders want it to have strict oversight of crypto firms. Original Source
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Chinese Customs Authority Confiscates 49 Old ASIC Antminers – Regulation Bitcoin News
Chinese authorities continue to crackdown against bitcoin miners after they seized 49 second-hand Bitmain ASIC Antminers from unnamed individuals that recently attempted to smuggle in the devices using falsified documents. Devices to Be Disposed of in Accordance With Regulations Huangpu Customs of China’s Guangdong Province has said it seized 49 used
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Argentinian Tax Authority to Seize Digital Wallets to Collect Tax Debts
Argentinian Tax Authority, AFIP, has stated that they will be able to seize any assets owed by taxpayers in digital wallets if the tax debts are not settled. Last year, the organization recommended the law but did not execute it until early 2022 during the Covid-19 pandemic. Related Reading | Making
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Argentinian Tax Authority Will Be Able to Confiscate Digital Wallets to Collect Tax Debts – Taxes Bitcoin News
The Argentinian Tax Authority (AFIP) will now be able to confiscate the assets that taxpayers have in digital wallets if they have debts with the organization. The recommendation for attorneys of this institution to include these digital accounts was made last year, but the execution of debt collection was suspended
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Least Authority Discloses Security Risks in Atomic Wallet
Least Authority was first hired to examine Atomic's system design as well as its corresponding core, desktop and mobile coded implementations in early 2021. That report, delivered to Atomic in April, concluded that there were vulnerabilities and insufficiencies that put users at "significant risk." Original Source
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Colombian Tax Authority Tightens Control Over Cryptocurrency Usage – Emerging Markets Bitcoin News
The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using cryptocurrencies to transact. With these actions, the organization seeks to detect any taxpayers that have used crypto assets and failed to report these activities, or reported them erroneously. This action
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Pakistan Telecom Authority Asked to Block Over 1,600 Crypto Sites — Minister Says Government Intends to ‘Regularize’ Crypto – Bitcoin News
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the central bank, the State Bank of Pakistan (SBP). Meanwhile, the country’s science minister said that the government intends to “regularize”
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Pakistan’s Crime Agency to Ask Telecom Authority to Block Crypto Websites: Report
Pakistan’s Federal Investigation Agency (FIA), which investigates serious and organized crime, said it will ask Pakistan Telecommunication Authority (PTA) to block websites dealing in cryptocurrencies, according to a report by Dawn.The proposal is intended to counter fraud and possible money laundering by blocking crypto-linked websites, FIA Director-General Sanaullah Abbasi said
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Shiba Inu Launches Beta Version of DAO to Give Users More Authority Over Crypto Projects
Once the first phase is complete, using community feedback, Shiba Inu will release a newer version, called “DAO 2,” to allow the community to make generic proposals for consideration or review by a “Multisig-Team, and Breeds,” according to the blog. Original Source
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