crypto – Rayrice Forex News

South Korea Seizes $184 Million in Crypto Assets from Tax Dodgers, Reports Revealed – Taxes Bitcoin News

South Korea’s government has seized $184 million worth of cryptocurrency in tax arrears over two years, local media reported. Seoul authorities will begin confiscating virtual assets from people accused of tax evasion in 2021. About 260 billion in Crypto has been seized in South Korea for tax evasion. The amount of crypto assets from South … Read more

Working Group to Develop Efficiency Level for Crypto Mining in Russia – Mining Bitcoin News

Crypto industry experts have formed a working group to develop energy-efficient and profitable cryptocurrency mining standards in Russia. The rules will aim to help developers and data center operators deliver more hardware uptime to investors. Russia is set to improve the efficiency of its mining facilities by 2023. A group of crypto specialists have come … Read more

Crypto lending now pays less than safe US government debt

Cryptocurrencies are facing a new threat: the lure of Treasuries offering the same payoff for less overall risk. Cryptocurrencies are facing a new threat: the lure of Treasuries offering the same payoff for less overall risk. In a rare reversal, the crypto yield typically sought by institutions fell below what the US government would pay … Read more

BC.GAME is now the Global Crypto Casino Sponsor of the Argentine Football Association.

Disclaimer: The text below is not a press release. Cryptonews.com Editing content. Buenos Aires, September 8, 2022–BC.GAME, the best crypto casino of 2022, and the Argentine Football Association (AFA) have reached an international agreement that will allow both brands to reach a wider audience and create new activities. The companies and the players are close … Read more

JPMorgan advises crypto investors to sell crypto, here’s why.

Investors should consider U.S. value stocks and stocks with low price-to-earnings ratios. JPMorgan’s blockchain lead says most cryptos are junk. JPMorgan Chief Global Strategist David Kelly offered his thoughts to crypto investors worried about the Fed’s latest hawkish stance. He advised the investors to buy long-term value and forget about short-term gains. On Friday, equity … Read more

Korean Regulator Takes Action Against 16 Foreign Crypto Exchanges – Regulation Bitcoin News

South Korea’s Financial Intelligence Unit is cracking down on 16 foreign currency cryptocurrency exchanges operating illegally in the country. “Illegal business activities by unregistered entities may result in a maximum of 5 years in prison or a fine of up to KRW 50 million,” the regulator said. 16 was suggested by the South Korean inspector … Read more

Zoomex, Villareal CF’s new official Crypto exchange partner

Disclaimer: The text below is not a press release. Cryptonews.com Editing content. Great news for Zoomex in terms of new partnerships. Recently, Zoomex has partnered with Villarreal CF, where they reached an agreement for a cryptocurrency trading platform to be the official Crypto exchange partner for the rest of the season. In other words, the … Read more

Loss of crypto lender Celsius destroys customers

An Irishman is in danger of losing his farm. An American with suicidal thoughts. 84-year-old widow loses life savings: People caught up in crypto lender Celsius’ meltdown are begging for their money back. Hundreds of letters have been submitted to the judge overseeing the company’s multibillion-dollar bankruptcy and are heavy with anger, shame, despair and … Read more

US senators pushed a bill to make small crypto transactions tax-free

Prominent United States senators are trying to exempt Americans from tax tracking every time cryptocurrencies change hands, passing a bill that would exempt from reporting any transaction worth up to $50 or any trade that earns less than $50. Senator Patrick Toomey (R-Pa) joined Kirsten Sinema (D-Ariz) in pushing for an exemption from tax requirements … Read more

Bit2M Hits 100k Crypto Investors Ban 2 Exchanges Together

Following the recent agreement between the two crypto exchanges, Bit2m2gether has announced plans to tap 100,000 crypto investors. In the year On July 10, Spanish cryptocurrency exchange 2Co shut down its free trading service, citing its inability to justify related operating costs due to the crypto winter. Instead, the users would pay 20 euros as … Read more