Malaysia To Combat Crypto Tax Evaders with Ops Token
IRB official Datuk Abu Tariq Jamaluddin cautions crypto traders to declare taxes or face penalties. The Inland Revenue Board (IRB), a federal agency in Malaysia, implemented a unique operation known as “Ops Token” to mitigate the loss of tax revenue from crypto trading. Local media outlet The Malaysian Reserve reported that 38 personnel from the Royal Malaysia […]
FBI Warns of Fake Work-from-home Jobs Stealing Crypto
The United States Federal Bureau of Investigation (FBI) warns job seekers not to fall for “work-from-home” job scams and that it may be a plan to steal crypto. The FBI issued a warning on June 4 regarding increased fraudulent employment advertisements for work-from-home positions. The scammers will approach their prospective victims with unsolicited calls or […]
WisdomTree Prime Begins Crypto Trading Amid Internal Turmoil
WisdomTree Prime launched trading in New York for its crypto unit, in direct opposition to the desires of certain shareholders. The official launch of WisdomTree Prime, the financial ecosystem app, in New York signifies the expansion of the platform’s crypto trading services. New Yorkers can now utilize the platform’s access to digital assets, including gold tokens and […]
The 4 Top Free Cloud Mining Platforms in 2024: Stable, Reliable, and Efficient Choices
When choosing the best free cloud mining platforms, users need to consider factors such as security, credibility, fees, mining algorithm support, and user experience. The following are 4 well-recognized cloud mining platforms that enjoy a good reputation in the market and provide users with stable and reliable services: 1. ARKMining ARKMining is a company focused […]
Japan FSA Clarifies Stance on P2P Crypto Transfers
Japan’s primary financial regulator, the Financial Services Agency (FSA), has clarified its stance on peer-to-peer (P2P) cryptocurrency transactions in light of its most recent recommendations to domestic institutions. In a letter dated February 14, the FSA advised banks to “enhance the protection of their customers” by “preventing transfers to crypto-asset exchange service providers in which […]