Hodler’s Digest, Nov. 19–25: SIX Launches Multi-Crypto ETP, BCH’s Hard Fork Remains Contentious

KPMG releases a report that remains bullish on cryptocurrencies, while Bakkt announces a target launch date for the end of January. Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much […]

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German Federal Economic Ministry Wants to Combat Tax Fraud with Blockchain

The German Federal Ministry for Economic Affairs and Energy is considering blockchain use in combating tax evasion schemes. The German Federal Ministry for Economic Affairs and Energy (BMWi) is planning to fight tax evasion schemes by using blockchain, German business news outlet WirtschaftsWoche reported Nov. 22. Following the major European tax fraud scheme CumEx-Files, the […]

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India: ‘Big Four’ Auditor EY to Hire 2K Employees to Develop in Blockchain, AI

“Big Four” auditor Ernst & Young will hire 2,000 employees in India to expand its digital solution services, including in blockchain. “Big Four” auditor Ernst & Young (EY) will hire 2,000 employees in India to expand its digital solution services across blockchain, artificial intelligence (AI), automation and tax technologies. The news was first reported by […]

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South Korea: Messaging Giant Kakao to Attract Crypto Investments in Singapore

The blockchain technology platform Klaytn, the brainchild of Kakao subsidiary Ground X, has been established in Singapore to attract crypto investments. Kakao Corp, a major South Korean Internet conglomerate, has established a subsidiary of the company in Singapore to attract foreign investments with cryptocurrencies, Seoul-based media outlet News1 reported Nov. 21. According to the article, […]

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Spain’s Finance Ministry to Inspect 15,000 Crypto-holding Taxpayers to Prevent Tax Fraud

The Spanish Ministry of Finance will investigate crypto investors to avoid tax fraud activities, with 15,000 taxpayers currently under investigation. The Spanish Ministry of Finance (Hacienda) will oversee 15,000 taxpayers who have made transactions with cryptocurrencies in the last year, El País, the largest Spanish-language newspaper, reports Nov. 19. Under the auspices of Hacienda, Spain’s […]

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Autodesk CEO: Blockchain Can Stem Corruption in Construction Industry

Software company Autodesk CEO said that blockchain can help combat corruption in the construction industry. American software corporation Autodesk CEO Andrew Anagnost said that blockchain could fight corruption in the construction industry, finance and investment news outlet the Australian Financial Review reported Nov. 19. Founded in 1982, Autodesk manufactures software for the construction, architecture, media, […]

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