South Korea will not tax individual crypto profits yet, but legislation is in the works. Cryptocurrency and taxation laws are creating a great deal of confusion in South Korea. On Dec. 30, South Korea’s government stated that under current law, it cannot impose income taxes on individuals’ profits from transactions of cryptocurrency. This, however, contrasts […]
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U.S. SEC Commissioner and ‘Cryptomom’ Hester Peirce talks crypto, securities exemptions and ICOs with Cointelegraph. As one of five commissioners of the United States Securities Exchange Commission, Hester Peirce is at the forefront of securities regulation in the country today. Of interest to Cointelegraph’s readers, her positivity toward the future of cryptocurrencies has earned her […]
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Amid the constantly changing nature of crypto regulation, five countries had record-breaking success in processing digital assets in 2019. One of the impediments to the adoption of blockchain and crypto technologies in the world are the regulations governing their introduction into the world of business. The constantly changing nature of the legal framework and the […]
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2019 was a very busy year with crypto tax legislation — check out Cointelegrahp’s 2019 global overview. 2019 was, without a doubt, a milestone for crypto taxation. Countries around the world realized cryptocurrencies are here to stay and adjusted their crypto tax policies as a result. This year alone, several countries have been busy establishing […]
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Even though cryptos now enjoy a decent level of publicity, these three global trends could make them go mainstream in 2020. As the end of the year draws closer, discussing what the future holds for the crypto industry becomes increasingly relevant. In particular, how global financial and technological trends will affect the adoption of cryptocurrencies […]
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Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Australia’s former Minister for Broadband, Communications and the Digital Economy has become chairman of the advisory board for an insurance-focused blockchain firm. Stephen Conroy — an Australian Labor Party Senate member from 1996–2016 […]
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New legislation called 5AMLD places crypto firmly under the EU’s regulatory umbrella. The deadline is rapidly approaching. 5AMLD — the Fifth Anti-Money Laundering Directive — is a piece of legislation that brings fiat-to-crypto exchanges and custodial wallets across the European Union under a new first-of-its-kind regulatory framework. Exchanges must achieve compliance with the rules by […]
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Russian authorities are poised to introduce several prohibitive measures, yet feasibility and enforcement mechanisms raise questions. At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets […]
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Two Russian citizens are being prosecuted for allegedly targeting computers at state organizations to illicitly mine cryptocurrency. Two Russian citizens are being prosecuted for allegedly targeting computers at state organizations to illicitly mine cryptocurrency. The two unnamed individuals purportedly infected the hardware with a program that mines cryptocurrency via a web browser, local media agency […]
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CA State Assembly Majority Leader pushes for legal certainty of blockchain in California, shares plans for moving forward at Elev8CON. Speaking at Elev8CON in Las Vegas on Dec. 10, Majority Leader of the California State Assembly Ian Calderon discussed plans to bring greater legal certainty for blockchain technology to the State of California. California is […]
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