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Russia’s Crypto Tax Bill Passes First Reading at State Duma
The bill proposes to recognize cryptocurrency as property for purposes of taxation.
Mastercard Launches Prepaid Card for World’s First CBDC in Bahamas
The Bahamian Sand Dollar can now be used for payments anywhere Mastercard is accepted.
Coinbase Hires Former Stripe Exec as Chief Compliance Officer
Melissa Strait will take charge of Coinbase's compliance initiatives ahead of its planned public listing.
Discord Scammers Lure Users to Fake Exchange With Promise of Free Bitcoin
The scammers may be trying to collect a database of crypto users for sale on the dark web, said Kaspersky.
South Africa’s Tax Agency Is Clamping Down on Crypto Users: Report
The South African Revenue Service is likely "ensnaring" non-compliant taxpayers, a tax consultancy said in a news report.
US Library of Congress Says Most Countries Lack Clear Tax Guidance on Crypto Staking
Out of 31 nations, only 5 have tax guidance addressing cryptocurrency rewards via staking, a study found.
China’s Central Bank Is Partnering With SWIFT on a New Joint Venture
It's unclear what the new group's mission will be, though People's Bank of China employees working on its digital currency efforts will be involved.
China Leads Africa’s Digital Currency Race
With years of public investment and plenty of penetration for its phone makers, China is well placed to establish a digital currency in Africa.
Jack Ma’s Ant Group Agrees to Restructure After Pressure From China’s Regulators: Report
Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.
ErisX Exchange Asks CFTC to Approve Sports Bet Futures as ‘Risk Hedging’ Tools
If approved, three proposed futures contracts would be tied to the outcome of National Football League games.
US Navy Couple Charged With Selling 9,000 Stolen Identities for Bitcoin
Prosecutors allege the pair used their positions in the U.S. Navy to steal and sell personal information of 9,000 people.
Why a GameStop-Inspired Mania Is Unlikely in China’s Stock Market
It would be logistically challenging for Chinese retail investors to organize a short-selling campaign, especially with the authorities watching.