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According to Japan’s tax authorities, the average value of undeclared income in crypto fell by 19% in 2022.On Nov. 24, the Japanese National Tax Agency (NTA) released its yearly summary of tax investigations. The 13-page document also contains data on the probe into crypto tax evasion. Related: Circle and SBI
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The cryptocurrency mining company Hive Digital Technologies has revealed plans to expand its global presence through a new acquisition of property and a data center in Boden, Sweden.On Nov. 27, the company announced that it entered a property transfer agreement with Turis AB to take over the property of a
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Avalanche growing its tokenization market Rebel Satoshi targets a multi-million market cap Arbitrum on-chain metrics fall after staking proposal For different reasons, Avalanche (AVAX) and Arbitrum (ARB) are two Ethereum layer-2 networks in the crypto spotlight. Meanwhile, Rebel Satoshi (RBLZ) is geared to increase by 30% in the ongoing presale. Avalanche and RWA tokenization Real-world
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“Yes, there have been such discussions and we have spent recent months clarifying the situation with the banks,” Treccani said. “I think we have been successful. Going forward, you are going to see more tier one bank partnerships that we will soon be announcing in Europe, the U.S., APAC and
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Bitcoin (BTC) deposits and withdrawals have returned to the Justin Sun-linked crypto exchange HTX, formerly Huobi, after it suffered a $30 million exploit on Nov. 22.In a Nov. 26 blog post, HTX said deposit and withdrawal functionality is back for multiple currencies, including BTC, Ether (ETH), Tron (TRX) and Tether
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Inferno Drainer, one of the most popular crypto wallet-draining kits for hire says it is shutting down for good after helping phishing scammers steal nearly $70 million worth of crypto this year. In a Nov. 26 Telegram post, the team behind Inferno Drainer said it was “time for us to
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The Monetary Authority of Singapore (MAS) has taken a step in shaping the future of cryptocurrency within its borders, introducing a set of regulations aimed at safeguarding consumers. In response to the growing influence of cryptocurrencies, MAS has released the final tranche of regulations for Digital Payment Token (DPT) service providers,
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Zipmex Exchange has decided to suspend all digital asset trading activities in Thailand until Jan. 31, 2024. The decision, which took effect on Nov. 25, at 1:00 PM, was made in accordance with local regulations set by the Securities and Exchange Commission (SEC) of Thailand. The decision to halt trading and
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Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A recent landmark report from Elliptic revealed an eye-popping $7 billion in illicit crypto assets has been laundered through cross-chain services. What does that actually mean? Essentially,
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Cryptocurrency exchange Zipmex has announced it is taking immediate action by suspending all digital asset trading in Thailand as part of its efforts to comply with regulations.According to a statement issued on November 25, Zipmex has opted to temporarily halt its operations to align with regulatory requirements with the Securities
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