The President of El Salvador, Nayib Bukele, said that he may consider submitting a bill to the legislature that would make Bitcoin legal tender in the country.
“In the short term,…
South Korean press D.Street has recently reported that the Financial Services Commission (FSC) organized a closed-door meeting with 20 crypto exchanges in the country. This gave the exchanges an opportunity…
The Australian Tax Office (ATO) is urging Australians to accurately report any profits made from cryptocurrency trading. Thus, it debunks the myth that cryptocurrency is tax-free or is only taxable…
U.S. Federal Reserve is starting to lose grip over the policy rate and the ability to set short-term interest rates
Threat of policy rate slipping because of massive amounts of…
Three of China's leading financial associations -- the National Internet Finance Association of China, the China Banking Association, and the Payment and Clearing Association of China -- released a joint…
Major cryptocurrency exchange Binance is now being investigated by the US Department of Justice and the Internal Revenue Service.
Officials who look into money laundering and tax offenses have probed the…
In response to cryptocurrency gaining significant popularity among Indonesian investors, the local authorities began to consider forging a plan to impose tax on crypto trading.
Tax official Neilmaldrin Noor stated that…
According to Yonhap News Agency, over 53% of the poll participants have responded that they support the taxation of cryptocurrencies.
The poll, conducted by Realmeter and commissioned by news channel YTN,…
Brad Garlinghouse, the CEO of Ripple, has stated on Friday that the absence of clarification in US regulations of cryptocurrencies is exasperating.
Garlinghouse said that, unlike the countries in Asia, the…
Amidst the rise of ransomware, the US government and industry officials believe that better cryptocurrency regulation is key to fighting the rampant cyber crime.
Cybersecurity specialists, law enforcement agencies and governments…