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Indians Confused Over Crypto Taxation – Exchanges Ask Government to Clarify

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The Indian government has been cracking down on cryptocurrency-related tax evasion. While the tax authority has notified crypto exchanges and wealthy traders that they must pay taxes, no clear guidelines have been provided. Indians are confused about how cryptocurrencies are taxed and seven bitcoin exchanges are asking the regulators for clarification. Also read: Russian Regulators Draft … Read more

The Satoshi Revolution – Chapter 4: What Do You Have to Hide? Everything! (Part 1)

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The Satoshi Revolution: A Revolution of Rising Expectations. Section 2: The Moral Imperative of Privacy Chapter 4: When Privacy Is Criminalized. Only Criminals Will Be Private by Wendy McElroy What Do You Have to Hide? Everything! (Chapter 4, Part 1) I grew up with the understanding that the world I lived in was one where … Read more

Korean Crypto Exchanges Go on Hiring Spree, Stealing Workers From Banks

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Major South Korean exchanges are on a hiring spree. The demand for cryptocurrencies and the government’s mandate for stronger security systems are driving the need for additional manpower at crypto exchanges. Their attractive employment benefits and flexible work environment are pulling workers from traditional banks and financial companies. Also read: Russian Regulators Draft Law to Restrict Crypto … Read more

Venezuela Seeks Miners for the Petro – Maduro Claims 860,811 Already Signed Up

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Venezuela is looking for miners for the country’s national cryptocurrency, the Petro. The government has opened up a registry for miners to sign up to mine and gain access to the new currency. According to Venezuela’s president Nicolás Maduro, 860,811 young people have already registered to create the Petro mining farms. Also read: Venezuela Unveils Mining, … Read more

Korean Lawyers Take Government to Court over Crypto Regulation

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A law firm from Seoul has decided to address arbitrary measures taken by authorities to regulate cryptocurrency trade. Korean lawyers have filed an appeal accusing their government of “unconstitutional” infringement on property rights. Newly imposed rules are devaluing virtual currencies, they say. Also read: Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017 … Read more

South Korea Expected to End Anonymous Crypto Trading by January 20

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The South Korean government has been working on a system to enforce real-name identity verification on cryptocurrency traders. This system is expected to be implemented around January 20, thus ending the current practice which allows for anonymous crypto trading. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Government’s Real-Name System … Read more

Koreans Deposited 64 Times More Fiat Into Crypto Exchanges in 2017

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The South Korean government has for the first time obtained data of the total amount of fiat deposits made at cryptocurrency exchanges. At the end of last year, the amount of deposits was 64 times higher than in the previous year. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Koreans … Read more