“Going live with our full services available in GBP in the UK is another exciting step forward in Gemini's international expansion, advancing our mission to empower individuals and organizations around the world through crypto," said CEO Tyler Winklevoss.
-
-
U.K. Prime Minister Boris Johnson, who clearly went to Paul Weller's barber from the 1980s (Photo by Dominique from UK via Wiki Commons).New Prime Minister Boris Johnson needs to turn to crypto before the EU turns on him
Is this the technology he says will solve the upcoming headaches?
On Wednesday former London Mayor and ridiculous human being Boris Johnson will take over as U.K. Prime Minister. The nation’s 160,000 Conservative members were eligible to vote in the contest and 87.4% turned out to vote. This means that the 92,153 citizens who voted for Boris Johnson got to make the selection on behalf of 66 million U.K. residents. In other words, one Conservative party member got to speak for 715 citizens. The upcoming hard-Brexit date of October 31 is going to be a Nightmare on Downing Street, but Johnson could ease Britain’s currency crisis by investing in cross-border crypto payments such a Facebook’s Libra.
-
This looks like someone may be in trouble for evading taxes with cryptocurrencies (via Shutterstock)Five countries join forces to crack down on crypto tax crimes
Tax authorities from US, UK, Australia, Canada, and Netherlands coordinating enforcement
A group of five nations have formed an international alliance to fight cryptocurrency-related tax crimes and money laundering schemes. The Joint Chiefs of Global Tax Enforcement, or J5, includes tax agencies from Australia, Canada, the Netherlands, the United Kingdom, and the United States. Authorities from the five countries hope the collaborative effort will increase their success in combating cross-border tax crimes. “We will work together to gather information, share intelligence, conduct operations, and build the capacity of tax crime enforcement officials,” the group said on its new page on the IRS website, adding that J5 plans on piloting new approaches and conducting joint operations against offshore tax crimes. Cryptocurrency allows…