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Article by Steve Kaaru

China unveils first digital yuan physical card in Shanghai
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12 January, 2021

China unveils first digital yuan physical card in Shanghai

Unlike in Shenzhen, Beijing and Suzhou, the People’s Bank of China is expanding beyond the use of smartphones to make...
Kenya Finance Act takes effect, charging 1.5% tax on digital currencies
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11 January, 2021

Kenya Finance Act takes effect, charging 1.5% tax on digital currencies

The law charges a digital services tax on all digital marketplaces and services, as the government seeks to raise $46...
Craig Wright demystifies Bitcoin and tax
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7 January, 2021

Craig Wright demystifies Bitcoin and tax

In his recent blog post, Dr. Craig Wright delves into how Bitcoin’s immutable ledger allows for authorities to link transactions...
IRS to crack down on digital currency tax evaders in 2021: former chief
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7 January, 2021

IRS to crack down on digital currency tax evaders in 2021: former chief

In a recent op-ed, former head of the IRS Criminal Investigation Division Dan Fort warned the tax agency will shift...
India police arrest man allegedly behind $340,000 digital currency scam
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7 January, 2021

India police arrest man allegedly behind $340,000 digital currency scam

Umesh Verma launched Pluto Exchange in November 2017, which allegedly issued Coin Zarus that the company promised would only appreciate...
US citizens may need to disclose offshore digital currency holdings soon
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6 January, 2021

US citizens may need to disclose offshore digital currency holdings soon

In its latest regulatory measure, FinCEN is proposing that U.S. citizens report if they have more than $10,000 in digital...

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