Emmer says emergency bitcoin miner survey order was an abuse of power Emmer believes that the emergency survey order for Bitcoin miners was a misuse of authority.

Rep. Emmer says the Office of Management and Budget should only be using its emergency powers in cases that present serious threats to public safety

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Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners Congressman Emmer expresses worries about the Biden administration’s focus on gathering information from BTC miners.

House Majority Whip Tom Emmer warned on Feb. 22 that government agencies under the Biden administration are beginning to collect data on Bitcoin mining firms. In a letter to the Office of Management and Budget (OMB), Emmer acknowledged that the OMB approved and expedited a request from the Energy Information Administration (EIA) that imposes a
The post Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners appeared first on CryptoSlate.

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South Korea Recovers $4.6 Million from Crypto Tax Evaders South Korea retrieves $4.6 million from individuals who evaded taxes through cryptocurrency.

South Korea’s Gyeonggi Province has made significant strides in reclaiming funds from crypto tax evaders, amounting to $4.6…

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Is This Historical Bull Run Pattern Finally Forming For Bitcoin?

On-chain data suggests a Bitcoin indicator may finally form a pattern historically associated with bull runs. Bitcoin Long-Term Holders Have Reversed Their Trend Recently According to data from the market intelligence platform IntoTheBlock, the recent activity of the hodlers has been typical for bull markets in the past. IntoTheBlock defines “hodlers” as investors who have

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Bitcoin [BTC] Poised To Hit $150K, Here’s When Bitcoin is likely to reach $150,000, this is the expected time frame.

Bitcoin (BTC) investors are eagerly watching as the leading asset shows signs of a strong comeback. Recent price…

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Crypto Giants In Trouble: Binance And Coinbase Grapple With Access Bans Amid Nigeria’s Crypto Crackdown Major players in the cryptocurrency industry, Binance and Coinbase, are facing challenges as they deal with restrictions on access in Nigeria’s crackdown on crypto.

To combat financial crimes associated with the digital asset industry, Nigeria has escalated its regulatory scrutiny of major cryptocurrency exchanges, including Binance and Coinbase.  According to a local media report, the African country has asked its telecommunications companies to restrict access to the websites of these crypto firms after the Central Bank of Nigeria (CBN)

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Crypto Fraud No More? New Digital Tracking System In South Korean Province Tracks Tax Evaders’ Wallets Is cryptocurrency fraud a thing of the past? A new digital monitoring system in a region of South Korea is keeping tabs on individuals who evade taxes by tracking their financial activities.

A local report revealed the provincial tax department’s implementation of a new digital tracking system in one of South Korea’s most important provinces. As the first of its kind in the country, the new system reduces the process’ time and facilitates the tracking of crypto assets held by debtors in virtual asset exchanges. Related Reading:

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