Cryptocurrency Analysis and News Portal
Noh Woong-rae, a member of South Korea’s National Assembly and a representative of the country’s ruling party, reportedly plans to postpone a bill clarifying the taxation of crypto until 2023.According to a Thursday report from Naver News, Noh said the Democratic Party of Korea plans to push back against the
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Singapore Monetary Authority has placed the Binance exchange on its alert list of investors on Wednesday. This is due to some concerns about the possibility that the crypto exchange might have violated the local payments laws. On Sunday, the global crypto exchange has announced its intention to cancel its product offering
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In recent times, Chinese authorities have upped their game and are beginning to pay more attention to the activities of internet companies in the country.Reports have emerged that authorities in China have fined 12 companies within its jurisdiction for carrying out activities that violate the anti-monopoly laws of the Asian
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In the new proposed law, Uber envisions an ecosystem that offers an “industry-wide level playing field” and sets a “consistent earnings baseline” for workers across different platforms.Uber Technologies Inc (NYSE: UBER) has shared a regulatory draft with the European Union urging it to introduce a new framework for the gig
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Francis Suarez, who has served as the mayor of Miami since 2017, wants to make the city the most attractive in the United States for those in the crypto and blockchain industry.In an interview with Forbes published Sunday, Suarez said lawmakers in Miami were looking into the policies of crypto-friendly areas
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“People are paying bitcoin to criminals and claiming back cash” via insurance claims, Ciaran Martin said. Source
Read MoreSwitzerland’s Federal Department of Finance has initiated a consultation process for a blanket ordinance in the blockchain and distributed ledger technology space. The consultation will happen among cantons, parties and other interested groups in this space. It is scheduled to continue for more than three months, ending on Feb. 2, 2021.
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The Bank of Japan stated that it would start conducting research in the following financial year on how to develop and operate its CBCD.A local government official in Japan has said that the country needs to rapidly amend its central bank laws to allow the Bank of Japan (BOJ) to
Read MoreU.S. District Judge Alvin Kellerstein has sided with the U.S. Securities and Exchange Commission (SEC), ruling that the Canadian technology firm Kik’s $100 million initial coin offering (ICO) violated federal securities laws.On September 30, Judge Kellerstein responded to both parties’ requests for summary judgment, determining that Kik’s 2017 token sale
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