Bitcoin Songsheet: The State’s Abuse Of Business Is Inherited By Consumers
The hostage holding that regulatory bodies impose upon businesses punishes consumers in various ways.Audio recording of this article here.Big business is an extension of the state.Governments control businesses and their customers, and their weapon of choice is legislation. The resulting regulations are so broad and arbitrary that the government can harass businesses until they comply like a mafia protection racket. And given the abundant pettiness of bureaucrats, the rules can be as pointless as a reality TV show.Rather than deal with the harassment, most companies have entire departments....
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The center will aid and accommodate Singapore’s blockchain startups and entrepreneurs to collaborate with the city-state’s reputable and well established institutions in the finance and trade industries. IBM, International Business Machines Corporation, (NYSE:IBM) has established its first Centre for Blockchain Innovation in Singapore with the assistance from the city-state’s Economic Development Board and Monetary Authority. The center will aid and accommodate Singapore’s blockchain startups and entrepreneurs to collaborate with the city-state’s reputable and well established institutions....
Starting in the year 2022, donated or inherited virtual assets will be assessed and taxed accordingly, South Korea’s National Tax Service has said. Dunamu, Bithumb Korea, Korbit, and Coinone are the new virtual asset service providers (VASPs) tasked with evaluating digital assets for such tax purposes.
Virtual Asset Service Providers Tasked With Evaluating Crypto Gifts
South Korea’s National Tax Service (NTS) recently announced that starting in 2022, digital assets that are inherited or donated will be taxed, a report has said. It added that such digital assets....
Just weeks after New York officially drove several major Bitcoin businesses out of the state through regulation California chose a freer path forward for digital currency in The Golden State. The equally archaic and onerous version of its own “BitLicense” was defeated within the state’s legislature on Friday. Few things in Bitcoin’s brief history have done as much damage to the Bitcoin ecosystem as has New York State’s infamous “BitLicense” legislation. Filled with fiery hoops for hardcore New Yorker’s to jump through, it succeeded in driving several large and successful Bitcoin out of the....
With more than 68,000 URLs identified as containing child sexual abuse images, and Unicef Malaysia estimating two million children across the globe are affected by sexual exploitation every year, blockchain intelligence firm Elliptic and non-profit the Internet Watch Foundation have partnered to clamp down on Bitcoin’s role in procuring child sex abuse images. The IWF has provided its database of Bitcoin addresses associated with child sexual abuse content to Elliptic which will integrate the data set into its transaction monitoring and investigation products so as to automatically alert....
The never-ending projects fantasized about by scientists promise much without actually delivering anything.