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Tighter regulation will boost cryptocurrencies by tackling unholy activity, a finance law professor says

Tighter regulation will boost cryptocurrencies by tackling unholy activity, a finance law professor says hrobertson@businessinsider.com (Harry Robertson) © Cesc Maymo/Getty Images Regulators are paying close attention to the crypto world. Cesc Maymo/Getty Images Regulation will boost crypto by weeding out unholy criminal activity, a law professor has said. Emilios Avgouleas said tougher rules may be bad for crypto prices in the short run, however. China is among the states cracking down on bitcoin, while the US s SEC is taking a close interest. Tighter regulation of cryptocurrencies will benefit the industry in the long run by tackling unholy criminal activity and making digital tokens more legitimate, a finance law professor has said.

Greek Auditors Find Another 24 5 Million Euros in Tax Cheating

Ευρωκίνηση 3/15/2021 TNH Staff      ATHENS - The unstoppable phenomenon of tax evasion in Greece - sometimes called a national sport - is even worse than thought, auditors from the state’s Authority for Public Revenue (IAPR) uncovering another 24.5 million euros ($29.21 million.) That was from 2014-19, the state-run Athens-Macedonian News Agency (ANA-MPA said, in only 36 cases of cheats including medical practices and computer services to hair salons, sports clubs and advertising agencies. A moving company in Thrace in northeastern Greece hid 2.8 million euros (3.34 million) worth of transactions from the authorities in 2019 alone and a clothing firm in central Macedonia dodged taxes on nearly 4.5 million euros ($5.37 million) from 2015-2017, the report said.

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