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UK Cyber Security Division Issues Warning on PC 'Cryptojacking'

The UK National Cyber Security Centre highlighted the rising number of browser apps which force computers to mine cryptocurrencies in a new report.

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Blockchain Is 'Going Mainstream' Says European Commission Official

European Commission vice president Andrus Ansip stressed the need for governments and private firms to invest in blockchain technology.

Andrus Ansip

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What You Don't Know About Crypto Taxes Can Hurt You

There has been no new cryptocurrency tax guidance from the IRS since 2014. Consequently, few investors fully understand how to treat 2017 gains.

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Markets

Japan Could Have More Than 3 Million Crypto Traders

Japan's Financial Services Agency has published domestic cryptocurrency trading statistics for the first time.

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Police Officers Charged in $1.3 Million Bitcoin Extortion Scheme

Ten Indian police officials have been charged with kidnapping and attempted extortion after allegedly forcing a victim to transfer 200 bitcoins.

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Samoa's Central Bank Investigates OneCoin Investment Scheme

The Central Bank of Samoa is investigating the OneCoin crypto investment scheme and has issued a warning about the business to investors.

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Normal Tax Rules Apply to Crypto Income, Says South Africa

The South African Revenue Service has clarified its stance on the treatment of cryptocurrency tax, saying current rules suffice.

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Markets

Korea to Inspect 3 Banks Over Crypto Exchange Connections

Three South Korean banks are to be inspected over their compliance with new anti-money laundering rules for cryptocurrency exchange accounts.

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Japanese Regulator Suspends Two Crypto Exchanges Over KYC Failings

Japan's financial regulator has ordered two cryptocurrency exchanges to halt operations for two months due to insufficient KYC procedures.

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Ontario Regulator 'Gathering Information' on Crypto Trading Platforms

The province's securities regulator is gathering information after receiving numerous complaints.

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