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According to a recent report, Kazakhstan's government has established new reporting criteria for Kazakhstan crypto miners to understand better the impact of the industry's energy use on the country's power infrastructure. As part of the country's efforts to reduce power use, cryptocurrency mining businesses will be obliged to provide precise details about their activities.In
South Korea's newly-elected president, Yoon Seok-yeol, declared on Tuesday that he would compel the country's tax authorities to withhold taxes on South Korea crypto tax investment choice gains at the very least until a new set of regulations called the Digital Asset Essential Act is passed.South Korea's cryptocurrency tax was originally scheduled to take effect in 2022, but
Cryptocurrency donations made to the Wikimedia Foundation, which owns and runs Wikipedia, are no longer accepting crypto donations. It took three months of deliberation, as per the report. Molly White, a Wikipedia contributor, tweeted an image of the notification. According to Mashable, White also maintains the 'Web3 is Going Great' website, which records cryptocurrency fraud
In a recent earnings call, the CEO of Singapore's DBS crypto exchange said that his firm's first emphasis is on extending its cryptocurrency services to accredited and institutional investors and that the bank would explore starting a retail line of business if regulators and technology are in place.According to the DBS crypto exchange, a retail cryptocurrency trading desk wo
