| Don't Miss The Top Five Stories From The Last Week
Here's What You Pay in Taxes for Using Crypto: From the US to Switzerland What is this all about?
Japan's Minister of Finance, senator Fujimaki suggested that the current tax rate for crypto transactions in the country, which goes up to a maximum of 55 percent, could be swapped with a 20 percent flat tax similar to stocks or forex trades.
What is going on in others countries?
While Japan is unsure if the current tax framework should lose its progressive scale, some major markets don't have clear guidelines for how Bitcoin and altcoins are taxed at all. Here's how cryptocurrencies are currently levied from the U.S. to Switzerland.
Buterin Reiterated Positive Stance on Decentralization
What happened?
Vitalik Buterin criticized centralized exchanges, saying that he hopes they will "burn in hell," in an interview with TechCrunch journalist Jon Evans.
Why Vitalik wish them burning in hell?
The creator of Ethereum criticized centralized platforms for having the ability to decide which cryptocurrencies "become big." According to Buterin, they do this by charging "these crazy 10 to 15 million dollar listing fees." Read what Buterin said about decentralization.
Malta Passes Blockchain Bills Into Law What happened?
The parliament of Malta has passed three bills into law that establish a regulatory framework for blockchain technology.
What is this bills about?
The bills include the Malta Digital Innovation Authority Act, the Innovative Technological Arrangement and Services Act, and the Virtual Financial Asset Act. Read more.
Winklevoss' Gemini Exchange Recruits NYSE Chief Information Officer
What is this all about?
Cryptocurrency exchange Gemini Trust Company, LLC (Gemini) has announced that former chief information officer of the New York Stock Exchange (NYSE) Robert Cornish has joined the company as its first-ever chief technology officer.
What is this for?
Tyler Winklevoss, chief executive officer of Gemini, said in the statement that Cornish will "ensure that Gemini continues to deliver the best platform experience to our customers as possible and set the standards of excellence for the cryptocurrency industry as a whole." Details here.
Hyperledger Exec: Early Blockchain Projects Will Hardly Be Noticeable to Consumers
What is this all about?
Speaking at the TechCrunch Sessions: Blockchain event in Switzerland, Brian Behlendorf, executive director of the Linux Foundation's Hyperledger Project, argued that a great number of consumers will not realize when financial institutions, governmental websites, or even social networks start using distributed ledger technology.
What did Brian Behlendorf say?
Behlendorf stated that blockchain could have a significant impact in the area of online identity. Instead of relying on centralized systems like Facebook or Twitter to store information, blockchain-based solutions could potentially store data more securely. Read more here. | 
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