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“# Crypto can erode tax base, Russia’s tax boss says ” The Russian Federal Taxation Service (FNS) is actively monitoring the cryptocurrency market to prevent tax evasion, FNS head Daniil Egorov said. Cryptocurrencies can potentially cause “significant erosion” to Russia’s tax base, Egorov argued in a Monday interview with the local publication RBC. But cryptocurrency…
“# The crypto industry royally screwed up privacy ” Privacy is a complicated topic. Few would argue that privacy is not important. It’s generally more interesting to talk about things that are disputable. So, the limited arguments against privacy actually make it somewhat boring to discuss and easy to take for granted. As Edward Snowden…
“# Bitcoin ATM operators set up association to counter money laundering ” Major Bitcoin (BTC) ATM operators in the United States are joining forces to fight illicit activity related to Bitcoin ATMs. Bitcoin ATM operators DigitalMint and Coinsource have launched the Cryptocurrency Compliance Cooperative (CCC), a new association that aims to establish compliance standards for…
What Is Bitcoin and Why Is It So Popular? Unless you’ve been living under a rock for the past ten years, you’ve probably heard about Bitcoin (BTC). You might be wondering what the big deal is, though: online discussions tend to be very polarized, with some people seeing Bitcoin and other cryptocurrencies as the path…
“# Concordium aims to end the era of anonymity in crypto industry ” The anonymity of Bitcoin (BTC) and other cryptocurrencies is a hot topic in the crypto space. While the transactions are open to track in a public blockchain, it is challenging to link a transaction with a real-life person in many use cases….
“# Hacktivist collective Anonymous takes aim at Elon Musk. Who cares? ” It’s the classic Anonymous modus operandi: a monologue worthy of a super villain, a perceived attack on an individual right or public good, some guy in a Guy Fawkes mask, and a whole lot of fizzbang-wowie video effects and voice distortion. But as…
“# eGirls in the C-Suite: The ‘simposium’ storming crypto venture capital ” One of the toughest puzzles in crypto is figuring out what to take seriously. On Friday, the DeFi Alliance — a decentralized finance startup incubator and accelerator — announced a list of 11 new members. Some were predictable, such as oracle provider Chainlink…
“# China’s digital yuan will offer best privacy protection, says official ” Chinese authorities are willing to ensure maximum user privacy for the country’s central bank digital currency, or CBDC, according to an official at the People’s Bank of China. Mu Changchun, head of the People’s Bank of China’s digital currency research institute, spoke of…
“# Anon-powered options: DeFi platform Premia goes live ” The Anon Powered development team has announced today the launch of Premia, the latest decentralized finance (DeFi) options platform live on Ethereum. In an interview with Cointelegraph, the group of semi-anonymous developers behind Anon Powered — who collectively requested that they be referred to as “members…
“# Tor Project’s crypto donations increased 23% in 2020 ” The cryptocurrency community has been doubling down on its support to privacy-centric applications like Tor Browser in 2020, according to new data. The Tor Project, a non-profit organization behind the anonymous Tor Browser, saw a 23% increase in cryptocurrency donations in 2020. A spokesperson at…