US Lags Behind Other Nations Regarding CBDCs, Says Former CFTC Commissioner
According to former CFTC Commissioner Sharon Bowen, the U.S. is behind other nations working on a CBDC. Go to Source Powered by WPeMatico
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South Korea Finalizes Cryptocurrency Income Tax of 20%
South Korea has finalized a new 20% tax rate for income generated from crypto trading. Go to Source Powered by WPeMatico
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says. Go to Source Powered by WPeMatico
Crypto Tax Disclosures Can Help With Internal Revenue Service
Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk. Go to Source Powered by WPeMatico
SEC Commissioner Peirce Asks ‘Who Did We Protect?’ in Telegram Shutdown
Commissioner Hester Peirce clearly doesn’t see the SEC’s courtroom win against Telegram as a victory for the regulator or innovation in the U.S. Go to Source Powered by WPeMatico
China’s Blockchain Network Splits Over Disagreement About Public Chains
China’s Blockchain Service Network splits into two entities after the pushback from state-controlled entities on the integration of public blockchains. Go to Source Powered by WPeMatico
US State of Texas Saddles Up to Become the Next Blockchain Capital
Texas ups its aspirations to become the go-to place for crypto in the U.S., forming a new blockchain council and highlighting the state’s mining capabilities. Go to Source Powered by WPeMatico
Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Go to Source Powered by WPeMatico
UK Treasury Wants to Bring Crypto Ads Under Direct Gov’t Oversight
British consumers need stronger rules to protect them from deceptive crypto ads, says U.K. minister. Go to Source Powered by WPeMatico
Global Banks Reportedly Limit Service in Hong Kong for Political Reasons
Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law. Go to Source Powered by WPeMatico