Category: Government
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Australian State Government Invests in Crypto Startup to Promote Regional Tourism
The state government of Queensland, Australia, has invested in a digital currency tourism startup to boost the tourism industry in the province
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US Treasury Dept. Fintech Innovation Report Touches on Crypto, Blockchain
A major new report from the U.S. Treasury Department has called for a more agile and conducive regulatory approach to innovations in the fintech sector
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South Korea Plans to End Major Tax Benefits for Bitcoin Exchanges
The South Korean government has announced a new set of tax law amendments. Under this proposal, bitcoin exchanges will no longer be eligible for income and corporate tax deductions currently enjoyed by small and medium-sized businesses. The regulators have also been considering imposing capital gains tax on the sale of cryptocurrencies. Also read: Yahoo! Japan Confirms…
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New Extradition Request Complicates Case of Bitcoin Fraud Suspect Alexander Vinnik
A Russian request to extradite Alexander Vinnik has been supported by a Greek Court, complicating the case as France and the U.S. seek his extradition as well
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Canada’s DMG Blockchain Starts Installing 85 MW Substation for Crypto Mining Expansion
DMG Blockchain has started installing an 85 megawatt substation for a flagship crypto mining facility in Canada
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US: Lawmaker Calls for More Action from Congress on Regulating Crypto
Republican U.S. Congressman Bill Huizenga calls for more action in Congress on crypto regulation and empowering financial authorities
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US SEC Commissioner Dissents From Agency’s Rejection of Winklevoss Bitcoin ETF
U.S. SEC Commissioner disagrees with the agency’s second rejection of the Winklevoss’ Bitcoin ETF