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Article by Steve Kaaru

Thailand requires in-person KYC for new digital currency exchange signups
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5 May, 2021

Thailand requires in-person KYC for new digital currency exchange signups

The Thai Anti-Money Laundering Office has mandated all exchanges to use the dip-chip machine, which scans a chip embedded on...
Iran allows local firms to pay for imports with ‘officially mined digital currency’
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3 May, 2021

Iran allows local firms to pay for imports with ‘officially mined digital currency’

In its latest announcement, the Central Bank of Iran revealed a new regulatory framework that allows forex companies and banks...
Indonesia proposes tax on digital currency transactions
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3 May, 2021

Indonesia proposes tax on digital currency transactions

The Indonesian Commodity Futures Trade Regulatory Agency has proposed a final income tax on any transaction involving a digital currency,...
China’s retail giant JD.com pays employees with digital yuan
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30 April, 2021

China’s retail giant JD.com pays employees with digital yuan

JD.com confirmed recently that aside from the employees, it has also been paying off some of its business partners with...
South Korea Daybit exchange to shut down as regulations take toll
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30 April, 2021

South Korea Daybit exchange to shut down as regulations take toll

Daybit cited the toughened regulations that seem to only favor the big exchanges, while pushing the smaller rivals out of...
Ex-Bithumb chief linked to alleged ICO fraud handed over to South Korea prosecutors
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30 April, 2021

Ex-Bithumb chief linked to alleged ICO fraud handed over to South Korea prosecutors

In addition to the alleged ICO fraud, Lee Jung-hoon is also under investigation for alleged fraud, tax evasion and transferring...

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