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The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles Hit With Backdated Tax on Crypto Trades Bithumb to … Read more
Ethereum foundation researcher Virgil Griffith has been released to parents’ home in Alabama on a $1 million bail Go to Source Powered by WPeMatico
SEC Commissioner and ‘Cryptomom’ Hester Peirce tells Cointelegraph how recent changes in securities law may impact crypto and what she wants to see from Congress Go to Source Powered by WPeMatico
From the U.S. to China: Which countries have become leaders in cryptocurrency regulation in 2019? Go to Source Powered by WPeMatico
A phenomenon like bitcoin can gain recognition, including regulatory, in many different and often unexpected ways. Governments that hesitate to accept cryptocurrencies as legal tender, sometimes validate their existence indirectly and even acknowledge they can be used for payments. Taxing crypto incomes and profits is one such example. Russia has just provided another one by … Read more
A New York court continues the proceedings against man accused of laundering about $400 million of OneCoin Ponzi proceedings Go to Source Powered by WPeMatico
Russian Embassy is unhappy about Greece again ruling to extradite the alleged $4 billion Bitcoin launderer Alexander Vinnik to France Go to Source Powered by WPeMatico
U.S. SEC seeks public commentary on expansion of “accredited investor” status to more investors who can prove knowledge Go to Source Powered by WPeMatico
An ex-employee of Kraken has sued the exchange for sanctions violation and discrimination, among other issues Go to Source Powered by WPeMatico
Like crypto payments provider Bottle Pay, mining pool Simplecoin and interactive bitcoin faucet Chopcoin are shutting down in light of restrictions imposed by EU anti-money laundering legislation, AMLD5. Simplecoin co-founder Marvin Janssen addressed Telegram users last month saying “We believe in the power of cryptocurrency and its potential. Mining should to be available to anyone … Read more