Government

In a world increasingly wary of government surveillance, Pavel Durov, the founder of Telegram, envisions the frontier of privacy through the development of crypto-inspired hardware for secure communication. During an interview with Tucker Carlson on April 17, Durov remembered how governments keep hiding the movement or sharing data secretly from private individuals: “The world is […]

According to local reports, detained Binance executive Tigran Gambaryan filed a lawsuit against Nigeria’s National Security Advisor (NSA) and the Economic and Financial Crimes Commission (EFCC) on March 28 for violating his basic human rights.  Nigerian authorities detained Gambaryan, a US citizen overseeing the exchange’s crime investigation unit, along with Nadeem Anjarwalla, Binance’s regional manager […]

South Korea’s Financial Services Commission (FSC), the country’s top financial regulator, has proposed an amendment to the Credit Finance Act, which aims to effectively prohibit local citizens from purchasing cryptocurrencies with credit cards. In a Jan. 3 legislative notice, the FSC cited concerns about money laundering and illegal outflows that could come with South Korean […]

South Korea’s personnel ministry announced on Dec. 27 that high-ranking public officials will be required to disclose their crypto holdings. This new measure, which starts next year, is part of an effort to enhance transparency and accountability within the public sector. According to an announcement, the property details — including cryptocurrencies — of about 5,800 […]

The Japanese government has approved a tax reform that will provide favorable conditions for companies holding cryptocurrencies. An amendment to fiscal 2024 taxation laws will exempt companies from paying tax on “unrealized gains” on third-party digital tokens like Bitcoin (BTC). According to local reports, Japan’s government disclosed the new tax reform on December 22 following […]