Spanish Authorities to Request Info on Crypto Holders

Requests were sent to 60 organizations - including banks, crypto-exchange platforms and firms specializing in securities trading.
06 April 2018   336

The Spanish Tax Board has requested from local commercial companies and financial organizations names and information about trade transactions of cryptocurrencies purchasers. Thus, the agency hopes to identify and suppress cases of tax evasion and money laundering using digital assets, reports Bloomberg.

According to the source of the publication in the department, requests were sent to 60 organizations - including banks, crypto-exchange platforms and firms specializing in securities trading.

This step was a logical continuation of the work of the National Office for Investigation of Fraud with Bank Accounts, opened abroad, the source said. So, at the moment the authorities of Spain are trying to prevent tax evasion and, in particular, require that Internet companies, including Airbnb Inc., disclose the identities of their clients.

Change.org to Mine for Charity

According to the calculations, if 10k computers will run the minning screensaver for 12 hours a day, the charity fund will receive $10k monthly
18 July 2018   77

Social platform for petitions Change.org announced the launch of a screensaver that mines Monero on users' computers. All tokens will be transferred to the charity fund of Change.org. This is reported by Coindesk.

This initiative was launched in partnership with the marketing agency Tracelocke Brazil.

Representatives of Change.org report that the screensaver will consume resources only when users do not use the computer. According to their calculations, if 10 thousand computers will run the screensaver for 12 hours a day, the charity fund will be transferred $ 10 thousand monthly.

At the moment the program is available only for Windows users and the platform did not report on the release plans for the version for macOS.

Note that at the end of April, a similar action was launched by the Australian unit of the United Nations International Children's Emergency Fund; (UNICEF). The website "Page of Hope" mines Monero cryptocurrency.