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Korean Government Starts Inspecting Major Banks for Crypto Regulation Compliance

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The South Korean authorities will start inspecting major banks for their compliance with cryptocurrency regulations on Monday. This move follows the regulators’ recent announcement prohibiting the use of virtual bank accounts for anonymous trading. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Inspecting 6 Major Banks The South Korean Financial … Read more

Indians Confused Over Crypto Taxation – Exchanges Ask Government to Clarify

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The Indian government has been cracking down on cryptocurrency-related tax evasion. While the tax authority has notified crypto exchanges and wealthy traders that they must pay taxes, no clear guidelines have been provided. Indians are confused about how cryptocurrencies are taxed and seven bitcoin exchanges are asking the regulators for clarification. Also read: Russian Regulators Draft … Read more

The Satoshi Revolution – Chapter 4: What Do You Have to Hide? Everything! (Part 1)

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The Satoshi Revolution: A Revolution of Rising Expectations. Section 2: The Moral Imperative of Privacy Chapter 4: When Privacy Is Criminalized. Only Criminals Will Be Private by Wendy McElroy What Do You Have to Hide? Everything! (Chapter 4, Part 1) I grew up with the understanding that the world I lived in was one where … Read more

Korean Crypto Exchanges Go on Hiring Spree, Stealing Workers From Banks

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Major South Korean exchanges are on a hiring spree. The demand for cryptocurrencies and the government’s mandate for stronger security systems are driving the need for additional manpower at crypto exchanges. Their attractive employment benefits and flexible work environment are pulling workers from traditional banks and financial companies. Also read: Russian Regulators Draft Law to Restrict Crypto … Read more

Venezuela Seeks Miners for the Petro – Maduro Claims 860,811 Already Signed Up

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Venezuela is looking for miners for the country’s national cryptocurrency, the Petro. The government has opened up a registry for miners to sign up to mine and gain access to the new currency. According to Venezuela’s president Nicolás Maduro, 860,811 young people have already registered to create the Petro mining farms. Also read: Venezuela Unveils Mining, … Read more

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