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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…
“# Regulators are coming for crypto: Is digital identity the answer? ” The regulators are closing in. It’s one thing to unbundle market functions to their parts ― custody, aggregators and Prime Brokerage ― to satisfy institutional compliance departments. It’s another to keep regulators happy. From the Financial Action Task Force pushing forward with its…
“# Bitcoin security still a concern for some institutional investors ” United Kingdom-based crypto fund Nickel Digital Asset Management released a survey of 100 wealth managers and global institutional investors to find out the biggest investor concerns associated with crypto. The survey features respondents from the United States, France, Germany, the United Arab Emirates and…
“# Blockchain can help publishers improve audience trust ” Readers expect their news content to be reliable and trustworthy, yet many doubt it actually is. Readers cite issues like unchecked sources, rushing too fast to print, careless reporting and news sites being deliberately misleading as contributing to their eroding trust in published content. Yet readers…
“# Bithumb to ban employees from trading crypto on its platform ” Bithumb, a major South Korean cryptocurrency exchange, is moving forward with trading restrictions for its employees by banning its staff from trading on its platform. According to an official Friday announcement, Bithumb will completely ban its employees from buying or selling crypto using…
“# S&P launches cryptocurrency indexes, debuting with Bitcoin and Ether ” S&P Dow Jones Indices, a major global resource for index-based data and research, has introduced its first cryptocurrency indices amid a renewed surge on crypto markets. The company announced Monday that it launched three crypto indices tied to the performance of the two largest cryptocurrencies:…
“# Blockchain can stamp out fake news and rebuild trust in mass media ” Fact-checking agencies are in charge of verifying facts and claims in the news that may be distorted in the process of rewriting or for any political purposes. The news text may consist of truthful information written in a neutral format peculiar…
“# Cyberpunk 2077’s dystopian future can be avoided with blockchain tech ” The long-awaited video game Cyberpunk 2077 came out as an unfinished product with a bunch of technical flaws, but that doesn’t stop it from being one of the most important cultural phenomenons of recent years. And while some gamers are asking for refunds…
“# Who watches the watchmen? Crypto may not be as trustless as it seems ” Blockchain technology is great because it cuts out the middleman, removes the need to trust third parties, and gives users full agency over their finances, or true ownership of their wealth. From Bitcoin (BTC) to decentralized finance, blockchain technology has…
“# UN drugs and crime wing advises Kenya to use blockchain against corruption ” Blockchain technology can help countries like Kenya from losing billions of dollars to corruption, according to an official at the United Nations’ drugs and crime agency. David Robinson, the regional anti-corruption advisor at the UN’s Office on Drugs and Crime, believes…