South Korean gov’t could seize tax evaders crypto according to a new rule
South Korea is proposing ways to revise its tax base, the amendments include redistributive measures such as raising taxes on affluent individuals and corporations, tax evasion, as well as a crackdown on money laundering. with proposals to strengthen the government’s ability to seize tax evaders ’ crypto assets directly from their personal wallets. South Korean […]
El-Salvador citizens won’t be compelled to use the government’s Bitcoin wallet – Nayib Bukele
According to the President of El-Salvador, its citizens will not be forced in any way at all to use the government’s new “Chivo” Bitcoin wallet. Citizens will not be forced to use the government-issued “Chivo” Bitcoin wallet, according to the latest pronouncement from El Salvador’s pro-Bitcoin president, Nayib Bukele. El Salvador’s President Bukele announced in […]
The government imposed crypto ban won’t work – Kevin O’Leary
Kevin O’Leary in a recent interview said he believes there is no way a government-imposed crypto ban would work. Kevin O’Leary (Shark Tank) is a well-known television personality. Over the last year, the Canadian businessman has become a vocal supporter of Bitcoin. Despite his doubts at first, O’Leary seemed to be awed by the new […]
Cardano Devs announce an important partnership with Ethiopian and Tanzania Governments
Cardano announces big partnership with two African countries, and assures there’s more to come with the deals. In late April, the developer of Cardano Input-Output Global (IOG) announced an important partnership with the Ethiopian and Tanzanian governments. However, according to John O’Connor, IOG’s head of African operations, another important agreement is under development. Like the […]
The US government is reportedly studying ‘gaps’ in crypto regulation
US government officials are believed to be studying already established rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw the past week. The United States officials are reportedly studying “gaps” in cryptocurrency regulations following the latest bout of volatility in the market, sending a signal that […]