News

New Zealand introduces OECD crypto reporting framework on new tax bill

Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000). Source: https://cointelegraph.com/news/new-zealand-crypto-reporting-oecd-framework?utm_source=rss_feed&utm_medium=rss%3F1724748145968&utm_campaign=rss_partner_inbound

News

New Zealand introduces OECD crypto reporting framework on new tax bill

Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 and $62,000). Source: https://cointelegraph.com/news/new-zealand-crypto-reporting-oecd-framework?utm_source=rss_feed&utm_medium=rss%3F1724747929571&utm_campaign=rss_partner_inbound

Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind
News

Singapore Court Imposes 6-Year Prison Sentence on Crypto Ponzi Scheme Mastermind

Yang Bin, a 61-year-old Dutch national, was sentenced by a Singapore court to six years in prison and fined S$16,000 Singapore dollars for orchestrating a cryptocurrency Ponzi scheme. Yang’s company, A&A Blockchain Innovation, falsely claimed to own 300,000 cryptocurrency mining machines, promising investors a daily return of 0.5%. In reality, the company had no such […] Source: https://news.bitcoin.com/singapore-court-imposes-6-year-prison-sentence-on-crypto-ponzi-scheme-mastermind/