Corruption in Japan: Bit Mining fined $10 million in the United States

Corruption in Japan: Bit Mining fined $10 million in the United States

Mining corruption. Bit Mining was just ordered to pay a $10 million fine to end the lawsuit. Department of Justice (DoJ) a Securities and Exchange Commission (SEC) regarding a corruption case in Japan. The events took place between 2017 and 2019, when the company was still called 500.com and specialized in online sports lotteries. Head … Read more

Cryptocurrencies in Russia: 15% Tax on Cryptocurrency Income Discussed

Cryptocurrencies in Russia: 15% Tax on Cryptocurrency Income Discussed

According to the Interfax news agency, the Russian government recently approved amendments aimed at taxing income from cryptocurrency transactions and mining. These changes, proposed by the Treasury Department, plan to treat cryptocurrencies as property for tax purposes. This initiative, with a maximum rate of 15%, represents an attempt to balance the interests of companies and … Read more