[ad_2][ad_1] “Privacy coins” that add an extra layer of anonymity to crypto transactions are no longer welcome in South Korea. Coin brands like Monero, ZCash, and Dash will not be available in the country’s exchanges anytime soon, with the government making cites anti-money laundering (crypto AML) measures as the reason …
Read More »South Korea’s financial watchdog will ban privacy coins from exchanges
[ad_2][ad_1] According to a November 3 announcement by the South Korean Financial Services Commission, or FSC, virtual asset service providers within the country will no longer be able to manage digital assets that present a high risk of money laundering money. These updates were made as part of the guidelines …
Read More »Ethereum developer Virgil Griffith fights North Korea’s support allegations against the US
[ad_2][ad_1] Ethereum developer and Wikiscanner creator Virgil Griffith filed a motion last week to dismiss the US government’s allegations of “helping” the North Korean government, documents released last week showed. Griffith was arrested in November last year after speaking at a conference on North Korean cryptocurrency. Authorities claimed to have …
Read More »IRS Tackles Crypto Micropayments, Blockchain Shipping Platforms Expand, DOJ Ties North Korea’s Crypto Hacks To Chinese Merchants, FBI Plot Hinders Bitcoin Corruption | BakerHostetler
[ad_2][ad_1] IRS tackles taxation of cryptocurrencies received in microtasks, Swiss Enable Crypto Payments Of: Robert A. Musiala Jr. At the end of last week, the US Internal Revenue Service (IRS) issued a memorandum on the topic “Taxation of the virtual currency received in the crowdsourcing job market”. The memorandum discusses …
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