Australian Treasury consults public on Bitcoin foreign currency tax exclusion
The public has been provided with 25 days to share their opinion on the proposed legislation. Go to Source Powered by WPeMatico
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Liz Truss, who said UK ‘should welcome cryptocurrencies’ will be the next prime minister
Winning the election to be Conservative Party leader with 57.4% of the vote from members compared to Rishi Sunak’s 42.6%, Liz Truss will be the next U.K. prime minister. Go to Source Powered by WPeMatico
Can the government track Bitcoin?
The law enforcers like the IRS and FBI track Bitcoin with blockchain data and collaborate with private companies in an attempt to trace criminals and taxes. Go to Source Powered by WPeMatico
South Korean Government’s Youtube Channel Hacked to Play Crypto Video With Elon Musk
The official Youtube channel of the South Korean government has been hacked on Saturday and those who did it, broadcasted a cryptocurrency-related clip. The video also featured billionaire and crypto enthusiast Elon Musk, local media reported quoting sources in Seoul. Hackers Air Interview With Musk via Korean Government’s Youtube Account The official Youtube channel of … Read more
Brazilian SEC seeks to change its role in cryptocurrency regulation
Resistant to overseeing the space in the past, the agency said it now plans to work on the definition of virtual assets. Go to Source Powered by WPeMatico
MiCA coming in hot in October, NFTs not in focus: EU regulators
In an online panel from the German Bundesblock, local regulators discussed details of upcoming MiCA regulation, along with a brief update on NFTs and stablecoins. Go to Source Powered by WPeMatico
Former blockchain skeptic David Rubenstein discloses investments in crypto companies
The Carlyle Group co-founder also spoke on the regulatory landscape, saying that he does not anticipate excessive regulation from the U.S. Congress. Go to Source Powered by WPeMatico
Crypto ‘cannot be partisan’ says US lawmaker who scored negative on bipartisanship index: Report
“This is literally about looking at America and opportunities for Americans,” according to Minnesota Representative Tom Emmer. Go to Source Powered by WPeMatico
What the Taliban crackdown means for crypto’s future in Afghanistan
The Taliban have finally banned crypto in Afghanistan, but many users and traders call it one of the “worst” decisions taken by the government so far. Go to Source Powered by WPeMatico
MAS doesn’t trust retail crypto investments, mulling more regulations
Regulators in Singapore say cryptocurrencies are problematic due to high market volatility and warn against retail investments in cryptocurrencies. Go to Source Powered by WPeMatico