Bitfinex Denies Money Laundering Claims After ‘Internal Investigation’ Bitfinex is pushing back against reports that Polish authorities froze $400 million of its funds.… Read More
UK Cyber Security Division Issues Warning on PC ‘Cryptojacking’ The UK National Cyber Security Centre highlighted the rising number of browser apps which force computers to mine cryptocurrencies in a new report.… Read More
What You Don’t Know About Crypto Taxes Can Hurt You There has been no new cryptocurrency tax guidance from the IRS since 2014. Consequently, few investors fully understand how to treat 2017 gains.… Read More
3.5 Million Traders: Japan Releases Domestic Cryptocurrency Statistics Japan’s Financial Services Agency has published domestic cryptocurrency trading statistics for the first time.… Read More
Police Officers Charged in $1.3 Million Bitcoin Extortion Scheme Ten Indian police officials have been charged with kidnapping and attempted extortion after allegedly forcing a victim to transfer 200 bitcoins. … Read More
Samoa’s Central Bank Investigates OneCoin Investment Scheme The Central Bank of Samoa is investigating the OneCoin crypto investment scheme and has issued a warning about the business to investors. … Read More
Normal Tax Rules Apply to Crypto Income, Says South Africa The South African Revenue Service has clarified its stance on the treatment of cryptocurrency tax, saying current rules suffice.… Read More
Korea to Inspect 3 Banks Over Crypto Exchange AML Compliance Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.… Read More
Japanese Regulator Suspends Two Crypto Exchanges Over KYC Failings Japan’s financial regulator has ordered two cryptocurrency exchanges to halt operations for two months due to insufficient KYC procedures.… Read More
Ontario Regulator ‘Gathering Information’ on Crypto Trading Platforms The province’s securities regulator is gathering information after receiving numerous complaints.… Read More