India’s Income Tax Department Is Secretly Training Its Officials to Investigate Cryptocurrencies

Here’s everything you wanted to know about how the Indian government addresses cryptocurrency. The Income Tax Department of India is secretly training its officials to investigate cryptocurrencies. An internal guidebook circulated by the department explains cryptocurrencies, their characteristics, the “dark side of Bitcoin” and the best investigation practices for tax officials. The Indian government doesn’t […]

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Crypto Remains Unregulated in Russia — Lots of Talk but No Action

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 Russians Charged With Illicitly Mining Crypto on State Hardware

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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After BottlePay, Two More Crypto Firms Shut Down Due to Upcoming EU Rules

Two more European cryptocurrency firms shut down because of the upcoming EU Anti-Money Laundering rules. After BottlePay’s shutdown announcement last week, two more European cryptocurrency firms have shut down because of the upcoming Anti-Money Laundering (AML) rules in the European Union. Online crypto gaming platform ChopCoin and mining pool Simplecoin both announced that they are […]

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Is Crypto Ready for the New Space Age?

Quantum computing services seem to be our future soon enough, but will cryptocurrencies be ready for it when the time comes? Quantum supremacy is officially here, whether we’re ready for it or not. This fall, a research paper from Google was prematurely leaked, claiming just that — quantum supremacy — including the results of a […]

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