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India Targets 700 Crypto Investors for Non-Payment of Taxes: Report


India’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were transacting in crypto assets but were not paying tax,” said an official with...

EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus


The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs, senators and Belarusian banks have been targeted. Europe’s Sanctions...

Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy


Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy...

Square Enix Is Impossible To Please


The Guardians of the Galaxy have a new foe: lofty publisher expectations. The interstellar misfit band’s latest outing, Marvel’s Guardians of the Galaxy, underperformed unstated sales targets, according to a recent financial filing from publisher Square Enix.Read more

Shintama Reinvents DeFi with Key Targets


Shintama, a DeFi token that was formed by the union of 2 tokens – Shinja and Saitama – has announced the release of its iconic token to the cryptocurrency world. Shintama’s goal is to develop a cutting-edge application that will grow naturally in the DeFi space. Shintama...

Another Case for Bitcoin as Lebanon Reportedly Targets Depositors’ Fiat


  Lebanon allegedly plans to forcibly convert foreign currency holdings to its floundering pound (LBP), once again building a case for Bitcoin (BTC).  Earlier this week, Reuters reported that it had seen a government “blueprint” plan designed to fight the ongoing financial crisis. The plan,...

New BHUNT Malware Targets Cryptocurrency Wallets via Software Installs


Bitdefender, a cybersecurity and antivirus company, has detected BHUNT, a new kind of malware that targets cryptocurrency wallets via software installs. The malware works on top of installs of unsecured or cracked software, that already comes packaged with the system to be deployed on desktop...

New Spanish Regulations to Target Crypto Investment Ads


As part of regulations that are set to become effective in mid-February, crypto-asset investment promoters will be required to inform the Spanish securities watchdog of the contents of any ad that targets over 100,000 people. 10-Day Advance Notice Rule The Spanish government has tasked...

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