Russian Officials Must Disclose Their Crypto Assets

Russian authorities have forced government officials to disclose their crypto holdings by June 2021. The disclosure process starts on January 1, 2021, the decree reads. Declarations must include information about cryptocurrency and

Thailand Uses Blockchain to Improve Tax Collection

The Thailand government is turning to blockchain technology to improve its tax collection, according to a top tax official. Thailand’s economy, like every other country globally, has been adversely affected by the

Financial Giants Are Buying Bitcoin — Tyler Winklevoss

Gemini exchange co-founders Tyler and Cameron Winklevoss said that more than a handful of traditional financial giants have picked up stacks of Bitcoin throughout this year, including the likes of billionaire Paul

German Bank Issues First-Ever Euro Stablecoin

German Bankhaus von der Heydt (BVDH), one of the oldest banks in Europe, has teamed up with blockchain technology provider Bitbond to issue the first-ever Euro stablecoin (EURB). The Euro stablecoin is

Mexican Сartels are Using Crypto for Money Laundering

Criminal syndicates in Latin America are using crypto assets to launder funds, according to by criminal syndicates in Latin America, according to the Reuters report. Latin cartels would typically deposit their ill-gotten

Joe Biden Administration Will Be Supportive of Crypto

The CEO of the digital currency company Circle, Jeremy Allaire, believes that the incoming Biden administration will support cryptocurrencies. “Joe Biden’s administration plan to focus on making the country more competitive by

BitMEX Announces End of its KYC Program

The crypto derivatives exchange BitMEX has announced it is ending its accelerated user verification program on Dec. 4. The crypto exchange required users to update their KYC verification following regulatory issues that

S&P Dow Jones to launch Crypto Indexes Next Year

S&P Dow Jones Indices, a global leader in providing benchmark indices to the financial markets, will add cryptocurrency indexes in 2021, according official press release of December 3. To take this step