Global #tax evasion

In a significant move to regulate the burgeoning cryptocurrency sector, the Kenya Revenue Authority (KRA) has proposed a real-time system designed to track cryptocurrency transactions.

Attention South African crypto holders! The South African Revenue Service (SARS) is now requiring you to declare your crypto assets under new regulations. This move aims to increase transparency and prevent tax evasion in the growing digital currency market.

The prosecution of Olumide Osunkoya marks a pivotal moment in the United Kingdom's approach to cryptocurrency regulation. This case is notable as it represents the first prosecution under new money laundering and terrorist financing regulations, reflecting the authorities' intensified scrutiny of the crypto sector.

Today marked a significant moment for the cryptocurrency industry as Congress held its first-ever hearing on decentralized finance (DeFi).

Russian authorities have cracked down on cryptocurrency mining in a recent raid, seizing a staggering 500 crypto mining rigs from a facility believed to be a major Bitcoin mining hotspot.

Binance, the world's largest cryptocurrency exchange, is currently entangled in a multifaceted legal dispute with Nigerian authorities, who have leveled accusations of money laundering, tax evasion, and currency speculation against the exchange.