While the crypto industry, in general, is experiencing an uprise, the year has not been the best for some cryptos. Many renowned currencies are witnessing constant price fluctuations, and Ripple is not one of them. With the ongoing case with the SEC, XRP has been under the spotlight for a long time. The crypto witnessed …

According to the Reuters report, South Korea’s finance minister has said the government would start taxing capital gains from trading cryptocurrencies from next year as previously proposed. “It’s inevitable, we will need to impose taxes on gains from trading of virtual assets,” finance minister Hong Nam-ki said in a news conference. When asked, the tax […]

Read full post South Korean finance minister says crypto tax will come into effect next year. on Chaintimes.com.

The Indonesian Commodity Futures Trade Regulatory Agency (Bappebti) is reportedly planning to impose a crypto transaction tax amid the growing popularity of digital currencies this bull season. The regulatory body is planning to impose a type of final income tax (PPh Final) that would be levied by all 13 cryptocurrency exchanges registered with the regulatory

The post Indonesian Regulators Planning For a ‘Crypto-Tax’ Amid Rising Popularity and Demand appeared first on Coingape.

US buyout house Thoma Bravo has agreed the biggest private equity software deal in history with a $12.3bn offer for email protection and...

Delightworks, the developer behind the massively popular Japanese mobile game Fate/Grand Order, has named former Street Fighter producer Yoshinori Ono to the position...

Korea is strengthening its crypto regulations, imposing reporting requirements on all employees of its Financial Services Commission.

MyMy revealed on Monday (April 26, 2021) that it has obtained conditional approval for a large scheme E-money license from Bank Negara Malaysia,...

The cryptocurrency investments of employees of related departments are now the subjects of investigation being conducted by the Korean Financial Services Commission (FSC). Local media outlet Yonhap News has reported that the FSC will start receiving reports from employees on their investment status until May 7. Part of the investigation will be the examination of the investment […]

The post South Korea launches investigation on crypto investments appeared first on BitcoinerX.

It’s all about regulation. At least, that’s the tone of the chairman of Turkey’s Central Bank, after clarifying and eventually denying plans to ban cryptocurrencies. According to a report from Trade Moneta, Central Bank of Turkey Chairman Şahap Kavacıoğlu said, “you cannot fix anything by banning crypto and we do not intend to do this.” Instead, […]

The post Turkey central bank chief denies plan to ban cryptocurrencies appeared first on BitcoinerX.

Here’s how it all started: About four months ago, the securities regulatory arm of the US sued Ripple Labs on the count of three charges: ⮚  ‘Raising capital to the tune of $1.3 billion via a secret sale of large undocumented digital currencies to customers. This had gone on for over eight years.’ ⮚   ‘Allegedly issuing an […]

Legendary wine shop, Acker, makes history again, after announcing their auctions now accepts cryptocurrencies.

The post America’s Oldest Wine Shop Now Accepts Crypto, Including DOGE appeared first on BeInCrypto.

Bitcoin price is facing a $60k resistance level. However, most people think it’s the usual profit-taking by the big dogs in the cryptocurrency space. Make no mistake. Profit-taking is in vogue. However, there is a new infusion of fear, uncertainty, and doubt (FUD) in the markets as events are causing many to pause and think […]