Published every weekday, the Switchboard highlights five tech policy stories you need to read.

Top execs Bates and Reller to depart, as musical chairs begins at Microsoft. "Two direct reports to new Microsoft CEO Satya Nadella — EVP of business development and evangelism Tony Bates and EVP of marketing Tami Reller — are leaving the company, according to numerous sources close to the situation," Re/code reports.

U.K. to eliminate 20 percent tax on Bitcoin trading. "The U.K.’s tax agency is set to reverse an earlier ruling that classified virtual currencies as gift vouchers," according to Coindesk, "exempting digital currency trading from a 20% value added tax."

China's Windows XP users to still get security support. "Microsoft is making a special exception in the way it retires Windows XP in China, and will continue offering security support for the OS to users in the nation," reports Computerworld.

A tale of two cybersecurity conferences: Mistrust at TrustyCon and RSA USA. The Switch's own Andrea Peterson reports from Silicon Valley: "'Trust is the currency of the security industry,' he said. 'It's the bedrock foundation — it's central. And trust has been damaged.'"

VPN users 'pirating' Netflix scare TV networks. "Googling netflix australia' turns up dozens of articles explaining how to circumvent the Netflix geo-blocking mechanism to (shock, horror) actually pay to watch Netflix in Australia using VPN services and proxies," according to TorrentFreak.