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Showing posts from September, 2025

UK Tax Authority Targets 65,000 Crypto Evaders: Global Data Sharing Begins 2026

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Crypto tax compliance pressure as OECD CARF implements global data sharing, for digital asset taxation. UK Tax Authority Cracks Down on Crypto Tax Evasion: What It Means for Investors 📌 UK Tax Authority Increases Scrutiny of Crypto Investors The United Kingdom's tax authority, HM Revenue & Customs (HMRC), is intensifying its efforts to combat crypto tax evasion. According to a recent report, HMRC has sent out approximately 65,000 "nudge letters" to individuals suspected of underreporting or failing to report taxes on their crypto asset gains. This represents a significant 134% increase from the previous year, signaling a heightened level of scrutiny on crypto investors. These "nudge letters" are essentially warnings, providing taxpayers an opportunity to correct their filings before facing formal investigations. This initiative reflects a...

ECB Pushes EU Stablecoin Ban Strategy: MiCA Credibility at Risk?

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Eurozone regulatory uncertainty mounts over ECBs digital euro push, impacting EU stablecoin policy. ECB Intensifies Push for EU Stablecoin Ban: Will MiCA Survive? 📌 Multi-Issuance Stablecoins Face Increased Scrutiny in Europe The European Central Bank (ECB) is escalating its efforts to impose a ban on multi-issuance stablecoins throughout the European Union (EU). This initiative follows recommendations from the European Systemic Risk Board (ESRB), tasked with the critical mission of protecting Europe's financial stability. Last week, the ESRB formally endorsed a recommendation advocating for the prohibition of stablecoins operating under the multi-issuance model. According to Bloomberg , this recommendation received the approval of a board comprising central bank governors and key EU officials. This signals a growing consensus among European financial authorities ...

Chinese National Guilty in Bitcoin Bust: Will this halt future crypto fraud?

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Crypto enforcement tightens; on-chain analytics detect scams. Digital asset compliance, global crypto AML, fraud prevention. Chinese National Pleads Guilty in $6.7B Bitcoin Laundering Case: Implications for Crypto Investors 📌 Event Background and Significance ⚖️ In a landmark case highlighting the growing ability of law enforcement to track and prosecute crypto-related financial crimes, Chinese national Zhimin Qian, also known as Yadi Zhang, has pleaded guilty in London to charges related to acquiring and possessing criminal property in the form of Bitcoin . This case, involving the seizure of approximately 61,000 BTC (valued at around $6.7 billion at the time of the plea), is being hailed as one of the largest cryptocurrency seizures on record. The roots of this case stretch back to an investment scheme orchestrated in China between 2014 and 2017 . Over 128,000 ind...

Visa pilots stablecoin for global payments: Makes crypto payments instant

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Crypto adoption surges as Visa pilots USDC, boosting digital currency transactions and enterprise blockchain solutions. Visa Integrates Stablecoins for Instant Global Payments: A Game Changer for Crypto Investors? 📌 Visa Direct Pilots Stablecoin Prefunding: Revolutionizing Cross-Border Payments In a significant move towards modernizing global payments, Visa has announced a pilot program integrating stablecoins with its Visa Direct platform. This initiative aims to streamline cross-border transactions, making them faster and more flexible. The announcement, made at Sibos 2025, signals a potential shift in how businesses manage international payments, offering a glimpse into a future where digital currencies play a pivotal role in global commerce. The Problem with Traditional Cross-Border Payments Traditionally, Visa Direct users have been limited to prefunding intern...

Satoshi defined Bitcoin policy standards: Policy vs. Protocol: Is history repeating?

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Bitcoins value driven by block size limits, shaping BTC protocol and digital scarcity, impacting scalability. Satoshi's Legacy: Bitcoin Policy Debates Echo Through Time 📌 A Decade and a Half Later: The "Policy vs. Protocol" Debate Resurfaces The Bitcoin community is once again embroiled in a familiar debate, this time between Bitcoin Core and Bitcoin Knots, concerning “arbitrary data” and default policy settings. This disagreement, currently playing out across social media, echoes a much older conflict, dating back nearly 15 years. As veteran Bitcoin developer Peter Todd pointed out, the core arguments are essentially a replay of those from Bitcoin's early days. 📌 The Genesis: December 2010 and the "IsStandard()" Check The historical roots of this debate can be traced back to December 2010, when Satoshi Nakamoto released Bitcoin version 0...

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