Thailand Intends to Tax Foreign Income Including Crypto
The Revenue Department of Thailand intends to impose a personal income tax on the foreign earnings, including those from cryptocurrency trading, of anyone residing in Thailand for more than 180 days. According to a September 19 Bangkok Post report, the new rule will take effect on January 1, 2024, and the first tax forms, including […]
Hong Kong Crypto Scandal Investigation Sparks Controversy
Hong Kong is embroiled in a crypto controversy concentrated on an investigation into the activities of the cryptocurrency trading platform JPEX. Not only have arrests resulted from the situation, but it has also raised questions about the efficacy of the city’s regulatory framework for digital assets. Chief Executive John Lee verified that Hong Kong’s police […]
The Interplay Between Game Theory and Cryptocurrency
Bitcoin, Ethereum, and other cryptocurrencies have gone from being relatively unknown digital tokens to being taken seriously as financial assets by investors, governments, and enterprises. Due to their rapid rise, a complex dynamic exists between game theory and cryptocurrency. Game theory is a part of economics and mathematics that examines how people make strategic decisions […]
North Korea Hackers Transfer $21.9M To Russian Exchange
Chainalysis discovered that North Korean hackers stole $21.9 million in cryptocurrencies and sent it to a Russian cryptocurrency exchange notorious for illicit operations. Recently, Chainalysis revealed alarming findings indicating North Korean hackers have funneled $21.9 million in stolen cryptocurrencies to a notorious Russian cryptocurrency exchange that facilitates illicit transactions. This disclosure sheds light on a broader […]
NYDFS Introduces Cryptocurrency Oversight Improvements
FOX Business reporter Eleanor Terrett conveyed latest NYDFS crypto policy changes . These changes aim to improve crypto security and transparency. The NYDFS will no longer permit cryptocurrency firms operating in New York State to self-certify the adoption and listing of new tokens, effective immediately. This decision signifies a significant policy shift to ensure that all […]