The United States Securities and Exchange Commission (SEC) has filed an emergency action against Miami Investment Adviser, BKCoin Management LLC. In what comes as the latest in the series of enforceme...
Tag: levies
NEXO prices deny the news trends — SEC levies penalties worth $45M
Nexo comes to an agreement with the agency to make penalty payments. A week ago, Bulgarian authorities raided Nexo offices. Prices increased by more than 13%. It’s been a week since the local au...
CFTC levies $250K fine on bZeroX, charges Ooki DAO for regulatory violations
The Commodity Futures Trading Commission (CFTC) imposed a $250,000 fine against bZeroX, a blockchain trading protocol, and its two founders. Simultaneously, the CTFC filed a federal civil enforcement ...
South Korea Levies Significant Gift Tax on Crypto Air Drops
16 mins ago | 2 mins read Bitcoin News Free transfer of assets is considered a “gift” under the Inheritance and Gift Tax Act. In South Korea, a gift tax must be paid on any asset with a monetary value...
Tax Agency Vows to Go Hard After Koreans Using Crypto to Evade Levies – Taxes Bitcoin News
South Korea’s tax administration has pledged to take strict measures against tax evasion through virtual assets and platforms. While the Korean government is yet to start taxing capital gains resultin...
More Troubles for Do Kwon as S. Korea Levies $78M Tax Evasion Fine
Terraform Labs is currently being charged with tax evasion fraud by the South Korean National Tax Service, a move that complicates matters for the startup that is trying to salvage its collapsed block...
US levies fresh sanctions against Russian entities, including Bitcoin miner BitRiver
The U.S. has announced new sanctions against entities connected to Russia, and this time around, one of them is a crypto mining company, according to a Reuters report. BitRiver operations hit with san...
Venezuela: New tax regime levies upto 20% tax on cryptocurrency transactions
A taxation frenzy has gripped cryptocurrency markets worldwide, as several countries introduced tax regimes for the nascent asset class over the past few weeks. The latest such development has popped ...
Indian Government levies 30% tax on Crypto – Impact and What to Expect
Cryptocurrency has just become a popular notion in India. Since the Covid-19 outbreak hit the country, sending the economy into a downward spin, Indians have begun to rely on cryptocurrency investment...