In early 2025, Iran significantly changed its cryptocurrency regulations, seeking to control the Market amid rising power outages and illegal mining concerns. The government is now overseeing cryptocurrency exchanges to ensure they operate transparently and adhere to tax laws, aiming to curb capital flight and align with broader strategies to mitigate the effects of international ...
In 2017, SWIFT cut off North Korea’s last banks to limit its nuclear ambitions, but the country still finds ways to earn foreign currency. North Korea engages in smuggling coal and minerals, sending workers abroad, and cyber theft. With China as a key player, North Korea smuggles goods disguised as trash and uses overseas workers ...
Russia’s Federation Council has approved an important cryptocurrency tax bill, marking a significant step in regulating digital assets in the country. Set to come into effect after President Vladimir Putin’s signature, the law introduces a maximum tax rate of 15% on Bitcoin and other digital currencies, aligning them with securities income taxes. Also, mining operations ...
