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Ukraine Mandates Citizens to Declare Bitcoin (BTC) Holdings for Tax Purposes

In a bid to regulate its cryptocurrency space, Ukraine‘s National Agency for Prevention of Corruption (NAPC) has defined clear rules for declaring cryptocurrencies as intangible assets. As such, taxpayers in the country have been mandated to report their crypto holdings following these guidelines, according to a Forklog report on March

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India’s Citizens Will Vote With Blockchain, Election Commissioner Says

India’s citizens will soon be able to cast votes from outside their city of registration thanks to a blockchain-based system.According to The Times of India on Feb. 13, India’s Chief Election Commissioner Sunil Arora said that the country hopes to increase voter turnout with a blockchain-based voting solution.Using blockchain

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Uzbekistan Bans Citizens From Buying Cryptocurrencies

The government of Uzbekistan has reportedly barred its citizens from purchasing cryptocurrencies.According to local news outlet Novosti Uzbekistana on Dec. 25, the National Project Management Agency has banned citizens from purchasing crypto, even on established exchanges. The decision comes as a surprise to many, as the country has previously displayed

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Venezuela’s Government Gives 0.5 Petro Cryptocurrency for its Citizens

Venezuelan President Nicolas Maduro announced a Christmas gift for his countrymen. All Venezuelans, including public sector workers, retirees and military personnel are set to receive half of el Petro cryptocurrency as a present from the government.However, in order to be eligible for the gift, citizens will have to register themselves

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Thailand’s Police Arrested 24 Chinese Citizens Over Bitcoin Call Center Scam

According to local news outlets in Thailand, 24 Chinese have been arrested in the country under the accusation of running a crypto investment scam. The authorities conducted the raid in a call center where the Chinese nationals were allegedly conducting a Bitcoin(BTC)trade con scheme.One of the news outlets who reported

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Brazil’s IRS Sets Rules to Fine Citizens Who Don’t Declare Crypto Holdings

The Internal Revenue Service (IRS) in Brazil has established a specified code to categorize punishment for taxpaying citizens who fail to declare their cryptocurrency operations and holdings. This can be seen as Brazil’s major attempt to take a stronger control over the Bitcoin(BTC)trade and other digital currencies trade and exchange

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Binance SG Add’s XRP & 1.1 Billion Chinese Citizens Can Swap Yuan for Crypto

While Binance Singapore launched in April this year users were underwhelmed to find they could only purchase Bitcoin at fixed prices. Recently, however, it was announced they are launching the option to buy XRP with local Singapore dollars allowing access to the revolutionary digital asset. We just opened trading for XRP/SGD trading

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