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Article by Steve Kaaru

British taxman seizes 3 NFTs for the first time in tax fraud probe
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16 February, 2022

British taxman seizes 3 NFTs for the first time in tax fraud probe

Her Majesty’s Revenue and Customs (HRMC) also seized $6,700 worth of digital assets and arrested three people alleged to have...
Tennessee lawmaker proposes bill allowing state to invest in digital assets
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16 February, 2022

Tennessee lawmaker proposes bill allowing state to invest in digital assets

Jason Powell wants the state to allow politicians to accept digital assets for campaign funds and to formulate and implement...
Kazakhstan wants to raise tax on block reward miners by 500%
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15 February, 2022

Kazakhstan wants to raise tax on block reward miners by 500%

The proposal by the Minister of Finance will also see miners pay a monthly tax on their mining rigs, whether...
Hong Kong to license local exchanges, but limits them to professional investors
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14 February, 2022

Hong Kong to license local exchanges, but limits them to professional investors

The Hong Kong government intends to amend the AML and CFT regulations to recognize exchanges legally but plans to limit...
Zambia exploring CBDC, but warns against digital currencies: report
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13 February, 2022

Zambia exploring CBDC, but warns against digital currencies: report

The Zambian central bank has been conducting research on a central bank digital currency, an executive told Bloomberg, weeks after...
North Korea relying on digital currency hacks to grow nuclear programs: UN
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12 February, 2022

North Korea relying on digital currency hacks to grow nuclear programs: UN

In its latest report, the organization said that the country increased capabilities for rapid deployment of nuclear weapons amid sanctions...

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