Switzerland is one of the most progressive countries in the world as far as crypto adoption is concerned. Like most countries where adoption has increased, there has been some talk of possibly amending tax laws for crypto firms. However, the country’s authorities are casting their doubt concerning whether such a move will …
Continue ReadingSwiss Government Downplays Need for Special Blockchain Tax Considerations
In Thailand, law enforcement and government authorities have begun a nationwide campaign to crack down on drug and money laundering networks. According to a recent report from AFP News, authorities in the country have launched operations to break up drug syndicates across the country. One particular area where interest is high is on …
Continue ReadingThai Authorities Prepare Illegal Crypto Crackdown as CBDC Plans Move Forward
A Russian cybercriminal with suspected ties to President Vladimir Putin has been apprehended by law enforcement. Yesterday, the United States Department of Justice (DOJ) sentenced noted criminal Aleksei Burkov to nine years in prison. However, reports are now alleging that the hacker was a person of high interest to the Russian Commander-in-Chief. Significant …
Continue ReadingKremlin-Linked Cybercriminal Gets Nine-Year Prison Sentence
The United States Supreme Court has intervened to curtail some of the powers that the top financial regulators will be able to exercise concerning crypto firms. Earlier this week, the apex court ruled that the Securities and Exchange Commission (SEC) should not impose fines above a certain threshold for companies in the blockchain …
Continue ReadingU.S. Supreme Court Limits SEC’s Ability to Fine Crypto-Based Scammers
New York appears to be reconsidering its approach to regulation for crypto firms as its Virtual Currency License continues to be a brick wall guarding its market. Earlier this week, the New York Department of Financial Services (NYDFS) confirmed that it would consider issuing conditional licenses for allowing startups to partner with other …
Continue ReadingNew York Financial Regulators Loosen Restrictions on Crypto Firms
Mobile phone company BlackBerry has partnered with the Intel chip developer to release software that will fight cryptocurrency jacking, according to a press release from both groups. Essentially, Intel-based PCs will have cryptojacking and cryptomining theft detection built-in. The groups will be using the BlackBerry Optics Context Analysis Engine (CAE) paired some …
Continue ReadingBlackBerry, Intel Partner to Fight CryptoJacking Methods
A report from the Economic Times suggests that the Indian government is looking for a complete ban on digital currencies. It is eyeing a legal framework that could be more effective when compared with an RBI circular. Government’s intentions clear ET quoted a senior government official as saying, “A note has been …
Continue ReadingIndia Looking A Complete Ban on Digital Currencies
