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A Palestinian militant group took millions of dollars-worth of bitcoin donations to finance its operations, according to a new report. Obtained by the Jerusalem Post and reported Sunday, the report from the Israeli International Institute for Counter-Terrorism (ICT) found the al-Nasser Brigades, the military wing of the Popular Resistance Committees (PRC), used bitcoin sent from
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The South Korean government is said to be considering imposing a 20 percent tax on all cryptocurrency transactions. South Korea’s Yonhap News Agency reported Monday that officials from the Ministry of Economy and Finance’s income tax office had been reviewing a new proposal that could see the country adopt a clearer regime for how it
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South Korea’s Ministry of Economy and Finance is considering imposing a 20% tax on income from cryptocurrency transactions. According to a report published by local English-language news outlet The Korea Times on Jan. 20, the ministry had reportedly ordered its income office to review cryptocurrency taxation. The Korea Times cited an anonymous official who reportedly
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A project which conducted a 2016 initial coin offering (ICO) has voted to liquidate its $64 million treasury, returning funds to investors. Project Ragnarok, a measure to return ether to ICO investors from the Digix project’s treasury – which was held independently of the company in a decentralized autonomous organization (DAO), DigixDAO – has passed
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Industry veteran Jonathan Wilkins, a co-founder of bitcoin tech startup Blockstream, is joining up-and-coming bitcoin brokerage River Financial as Chief Security Officer (CSO). River is a bitcoin-only financial institution for buying and selling the digital currency (emphatically not an exchange; it says it’s “for the long-term investor”). Currently available only to testers who have received
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Thailand’s securities regulator has granted a coveted digital assets exchange license to Asia-Pacific crypto-fiat trading platform Zipmex. According to a press release shared with Cointelegraph on Jan. 20, Thailand’s Ministry of Finance and the Thai Securities and Exchange Commission (SEC) approved Zipmex for the license, which places strict regulatory requirements on applicants. To secure the
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Co-founder Ketuan “Micree” Zhan was stripped of his director role at not only Beijing Bitmain Technology, but the cryptocurrency miner maker’s parent entity, BitMain Technologies Holding Company, corporate records show. A filing of the Cayman Islands–incorporated holding company, submitted Dec. 10, reveals that Zhan’s role as a board director was “ceased” on Oct. 30. That
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Last September, Bobby Lee, the former CEO of China’s first cryptocurrency exchange BTCC revealed his new business venture Ballet, a non-electronic crypto wallet solution that offers multi-currency support. During the North American Bitcoin Conference Miami, all the attendees got a single Ballet crypto card and news.Bitcoin.com decided to test the product to show our readers
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