Government – Page 95

Singapore authority issues crypto warning after PM falls prey to scammers

The Monetary Authority of Singapore has issued a warning to crypto investors after the state’s prime minister was unwittingly caught up in a fake token scam.

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Bank of Japan begins first digital currency proof of concept

The first phase of Japan’s CBDC pilots will be completed by March 2022, the central bank states.

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Tyler Winklevoss thinks Bitcoin is past the risk of a US ban

Bitcoin has likely become too interwoven into the world for a ban to be plausible, says the Gemini CEO.

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Former Chainalysis brass is now FinCEN’s acting director

Michael Mosier will replace Kenneth Blanco as the U.S. government agency’s acting director.

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With US Tax Season Around the Corner, Here’s How to Report Crypto Activity to the IRS

The key to properly filing taxes on cryptocurrency comes down to excellent record-keeping, the correct IRS tax forms, and knowledge about what qualifies as income versus capital gains. Handle Tax Filings With Care to Avoid Any Audits Although the traditional April 15th deadline for filing US taxes has been pushed to May 17th, there is […]

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Digital ruble is ‘highest form of money’, Russian Bitcoin critic says

The digital ruble will become an integral part of national settlements by 2023 or 2024, Anatoly Aksakov of the Russian State Duma predicted.

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Spanish Island Government Decides to Sell Its Bitcoin Investment by Citing ‘Ethical’ Reasons

Bitcoin is not liked by everyone from the Island Council of Tenerife, Spain. At least that’s what was suggested by its president, Pedro Martín, who ordered the sale of the local government’s investment in cryptocurrency. Bitcoin Is an ‘Opaque’ Currency, Martín Says Martín, from the Spanish Socialist Worker’s Party (PSOE), issued the order of dismantling […]