MINING

Argentinian Tax Body Closes Net on Illegal Crypto Mining, S Koreans Wouldn’t Date a Bitcoiner + More News

Source: Kelly Sikkema/Unsplash

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

Crypto mining news

  • Argentina’s tax body, known locally as AFIP, has moved against groups of illegal crypto miners in a national first. In an official announcement, AFIP explained that it had swooped on three different groups of suspected miners last week, including a farm based in the province of San Juan, where covert miners had apparently concealed mining rigs in a “fruit cooling area.” While crypto mining is not illegal in Argentina, AFIP intends to prosecute the suspected miners for their alleged failure to declare income.

Adoption news

  • The vast majority of single South Koreans never want their significant others to invest in cryptoassets, a new survey has found. Per Newsis, 80% of women surveyed chose crypto as the one asset class they could never accept their boyfriends investing in, with 70% of single men agreeing that they would not like to date a female crypto investor. By contrast, just 7% of men and 6% of women said that stock investment was a red flag in a potential partner. The study was conducted by the dating agency Duo and spoke to 250 men and 250 women nationwide.

Regulation news

  • The Uruguayan government has unveiled its first-ever crypto regulation bill. The bill, which will be debated in the nation’s parliament, proposes giving the central bank and its subordinate agency – the Financial Services Supervisor – powers to govern crypto exchanges based in Uruguay. Diario Bitcoin reported that brokers, crypto custodians, and firms seeking to launch cryptoassets would also be subject to the regulators’ authority should the bill be voted into law.

Legal news

  • Two 26-year-old South Koreans have claimed that their crypto debt drove them to steal a friend’s lottery winnings. According to Asia Today, an unnamed man – also aged 26 – had won around $65,000 from playing the lottery, but had decided to “hide the money under his sink” instead of depositing it in the bank for “personal reasons.” The man’s two friends had learned of this fact and tricked him into leaving the house so they could break in and steal the cash. They used most of this money to pay off loans they had incurred from investing in coins that have since lost much of their worth, the media outlet reported.
  • Craig Wright’s legal team says that the controversial Australian computer scientist will not provide any new cryptographic proof that he is Satoshi Nakamoto, the founder of Bitcoin. Wright’s lawyers have repeatedly claimed in a number of civil cases that he is Nakamoto. But, during a hearing that is part of his defamation suit trial against the bitcoiner and social media personality Hodlonaut, lawyers said Wright had “difficult trusting people.” The legal team, per a press release shared with Cryptonews.com, added that Wright had also struggled emotionally with the burden of being asked to “prove” that he is the founder of Bitcoin.

Blockchain news

  • The bank messaging network SWIFT says it has formed a partnership with the blockchain operator Symbiont that will allow the parties to provide securities companies with “near real-time” blockchain technology-powered data. SWIFT and Symbiont said, in a press release, that their solution will launch on the Symbiont blockchain. They added that it would help keep “investors, creditors, and all other key stakeholders” informed about “events” at publicly traded companies – including news about “dividend payments, exchange offers, mergers, Dutch auctions, or other corporate actions.”

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Traciwininger
Author: Traciwininger

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