Cryptocurrency Analysis and News Portal
Daniil Egorov, head of Russia’s Federal Tax Service, mentioned cryptocurrencies as a potential means for tax evasion, in an interview with the Russian news agency RBC.Asked if he noticed any “innovative” tax evasion schemes recently, Egorov mentioned crypto. ”We are watching this market closely and understand that this payment system
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The completion of the first Polkadot parachain auction was occasion for its creator, Gavin Wood, to herald a newfound freedom from the economic constraints of Ethereum smart contracts.Wood, a co-founder of Ethereum who helped develop the smart contract programming language Solidity, said Polkadot’s economic lease-holding model for parachains (literally, parallelized
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The cryptocurrency industry thrives on constant, ever-evolving innovation. But when it comes to stablecoin development, “that is not what you want,” according to Acting Comptroller of the Currency Michael Hsu.In an interview with CryptoX TV Monday, Hsu, who is the administrator of the U.S. federal banking system and CEO of
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Bitcoin mining company Bitfury has hired former Binance US chief Brian Brooks as its new CEO, the Financial Times reported on Thursday.Brooks is replacing Valery Vavilov, who will stay on as Bitfury’s “chief vision officer,” the report said.Bitfury did not immediately respond to CoinDesk’s request to confirm the appointment.The appointment
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“As we continue our evolution from a disruptive tech startup to a respected global financial institution, we recognized that it was paramount that we recruit leading compliance, communications, and government affairs experts,” said Binance co-founder Yi He, in a statement. Original Source
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Mets said that the Estonian parliament, the Riigikogu, must pass the new regulations, which the FIU supports, and that if they win approval, crypto operators will have a time period to adopt them. He said that the regulations would help ensure that crypto operators are managing risks and also bolster
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Mark McGinness joins the exchange from the Dubai Financial Services Authority, where he spent 16 years as head of international relations.Oct 14, 2021 at 1:34 p.m. UTCUpdated Oct 14, 2021 at 1:34 p.m. UTCBinance CEO Changpeng "CZ" Zhao (CoinDesk archives) Original Source
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Matis Mäeker, who was appointed head of Estonia’s anti-money laundering government agency, believes Estonia should scrap its current crypto regulations and start again, he said in an interview with the local news outlet Eesti Ekspress.Estonia has been known among crypto entrepreneurs as a friendly jurisdiction and getting a license there
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The announcement coincides with Robinhood Crypto also hiring Benjamin Melnicki as its new chief compliance officer. Melnicki, who was most recently chief compliance officer at digital asset manager Grayscale Investments, joins Robinhood at a time when its crypto arm is dealing with a degree of regulatory scrutiny. (Grayscale and CoinDesk
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In the midst of a fraught period for some high-profile United States crypto firms and financial regulators, Kraken’s chief legal officer (CLO) is calling for a dose of pragmatism going forward.Speaking on Bloomberg’s “QuickTake Stock” broadcast on Thursday, CLO Marco Santori told viewers, “You’re living in a fantasy world if you
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