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Category: Virtual Currency
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Virtual Currency-Based Sale Agreement an Invalid Contract, Chinese Court Rules
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Chinese Authorities Prosecute Alleged Masterminds Behind MDC Pyramid Scheme
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China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities
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Report: Chinese Customs Authority Confiscates 49 Old ASIC Antminers
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‘Poopcoin’: Korean professor uses bio-waste to mine crypto
Students in a South Korean college are earning crypto mined from the energy generated from their excrement.
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$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $200 million cryptocurrency scam that may have defrauded tens of thousands of Brazilians. The authorities in Brazil say the scammers duped […]
The post $200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies appeared first on Bitcoin News.
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Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights
Close to a year ago last July, the U.S. Internal Revenue Service (IRS) revealed it would be sending ‘soft letters’ to suspected American cryptocurrency owners advising them to pay their taxes. Now according to the Taxpayer Advocate Service, a subsidiary of the IRS, the soft letters undermined the rights and protections of American taxpayers. The […]
The post Advocacy Group Claims IRS-Issued Crypto-Warning Letters Violated Taxpayer’s Rights appeared first on Bitcoin News.
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Investigating Digital Assets in Japan Stymied by Nature of Crypto
Japanese tax laws aren’t ready for investors to declare their digital assets just yet, according to top government officials
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10 Countries Actively Regulating Cryptocurrency Despite Global Crisis
Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations […]
The post 10 Countries Actively Regulating Cryptocurrency Despite Global Crisis appeared first on Bitcoin News.
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