South Korean Police Officers Banned From Buying Cryptocurrency

South Korean Police Officers Banned From Buying CryptocurrencyA recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availability of digital coins, in comparison to the global marketplace. South Korea to Penalize National Police Agency Officers Who Fail to Disclose Crypto Holdings Officers with […]

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South Korean Politicians Won’t Be Required to Disclose Their Crypto Holdings After Proposals Failed to Pass the National Assembly

South Korean Politicians Won't Be Required to Disclose Their Crypto Holdings After Proposals Failed to Pass the National AssemblySouth Korean politicians won’t be required to disclose their crypto holdings or crypto-related earnings as no fewer than three cryptocurrency-related bills failed to pass the National Assembly. Proposal Submitted in November 2020 According to the Electronic Times, the bills aimed to require lawmakers and senior public servants to report all their cryptocurrency holdings and their […]

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Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol Hill

Bitcoin in Brief Monday: Chief Strategist Quits Bitfinex, Cryptos Climb Capitol HillIn today’s edition of Bitcoin in Brief, “U.S. person” Phil Potter, Chief Strategy Officer at crypto exchange Bitfinex, is departing the company as it pivots away from the United States. In America, the Supreme Court mentions Bitcoin and cowrie shells in the context of money. On Capitol Hill, congressmen have been warned to disclose their […]

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U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure Guidelines

U.S. Lawmaker Wants Ethics Committee to Form Bitcoin Disclosure GuidelinesThis week Colorado House Representative Jared Polis sent a letter to the U.S. House Committee on Ethics asking the organization to propose statutes that require government employees to declare their bitcoin and digital currency holdings. Also Read: India’s Tax Department Issues Notices to 100,000 Crypto Investors House Representative Jared Polis: ‘Government Employees Should Report Any Virtual […]

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Lawyers Are Taking Payment in Bitcoin Despite Conflict of Interest Concerns

Lawyers Are Taking Payment in Bitcoin Despite Conflict of Interest ConcernsAn increasing number of lawyers are taking payment in bitcoin and other cryptocurrencies. With many ICO startups destitute until their crowdsale, ether or tokens are often all they can offer. Rather than turn away business, some lawyers have admitted to taking payment in crypto. While increased acceptance of cryptocurrency – especially in such circles – […]

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Drafting Laws and ‘Hodling’: U.S. Congress Discusses Cryptocurrency Disclosure

Drafting Laws and 'Hodling': U.S. Congress Discusses Cryptocurrency DisclosureU.S. lawmakers have been ramping up their efforts to regulate bitcoin and other digital currencies. Recently, advocacy groups who focus on government transparency have been growing concerned about politicians drafting laws while not disclosing their interests in cryptocurrencies. Also read: Is the Centralized Ripple Database With the Biggest Pre-Mine Really a Bitcoin Competitor? Ethics and Government […]

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