A report has named the Chinese Government as a sponsor for a group of hackers who have wreaked considerable havoc on cryptocurrency firms and in other sectors as well.
A Congressman in the U.S. has introduced a crypto-forward bill that seeks to exclude the recognition of crypto trading profits or losses, from tax requirements.
The city of Seoul has announced that it will be issuing its own virtual currency by November. This is a part of many goals to be achieved in furtherance of its earlier announced smart city.
The U.K is intensifying her fight against tax evasion and has asked certain major cryptocurrency exchanges for user information to fish out erring individuals.
A recent report by the United Nations claims that North Korea sponsored Cyber Attacks on many banks and crypto exchanges to steal funds for weapons development.