Tag: Capital

Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls

Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the […]

Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption

Tax Friendly Saint Kitts and Nevis Approves Progressive Crypto Bill, Lenient Capital Gains Exemption The island country of Saint Kitts and Nevis, located in the West Indies, recently passed a bill that legalizes digital currency assets like bitcoin cash. The act is cited as the Virtual Asset Bill 2020 and […]

China Saw $11.4 Billion in Crypto-Based Capital Flight Last Year

China Saw .4 Billion in Crypto-Based Capital Flight Last Year On January 8, China-based blockchain security firm Peckshield published its “2019 Global Digital Asset AML Research Report” noting a variety of crypto trends throughout the year. According to the study, cryptocurrency-based capital flight stemming from China was around $ 11.4 […]

Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested

Bitfinex Claims to Be Victim of Fraud After Crypto Capital President Arrested The operators of Bitfinex claim that the cryptocurrency exchange is a victim of fraud committed by its payment processor Crypto Capital. The men behind Crypto Capital now face charges related to money laundering in Poland and the U.S. […]