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Government Confirms Crypto Profits Not Taxable in South Korea
2.1.2020
South Korea has confirmed that income tax cannot be levied on individual investors’ profits from crypto transactions under the current tax law. The government, however, is reviewing international trends and the approaches of major countries to crypto taxation in an effort to amend...
These Are the Bitcoin Stories You Loved in 2019
2.1.2020
2019 was a crazy year for cryptocurrency enthusiasts and a number of interesting events happened throughout the last 12 months. It’s hard to keep track of the day-to-day activities taking place within the cryptosphere and there may be a few incidents some of our readers missed....
Luno to Become a Game Changer in African Cryptocurrency Sector?
1.1.2020
Headquartered in London, UK, Luno, today stands tall as one of the world’s most powerful and trusted cryptocurrency exchange and wallet service providers. The elite team of dedicated professionals and their striving efforts to develop the emerging markets in under-developed or developing economies...
TrustToken Shines as Its Stablecoins Gain Popularity
1.1.2020
If you are someone who has been active in the cryptocurrency domain for a long time, then you must be aware of the risk of price volatility which these digital coins carry with them. A major section of the society has failed to accept cryptocurrencies as the sole payment settlement system owing...
China Takes Another Step Away From USD Hegemony
1.1.2020
The China Foreign Exchange Trade System (CFETS) announced that effective January 1, 2020, the system “will adjust weights for CFETS RMB Index,” decreasing the weighting of the USD for the second time in the currency basket’s history from 22.40% to 21.59%, and increasing the Euro...
Curv Provides Keyless Cryptography-based Wallet Solutions for Institutional Clients
1.1.2020
For anyone who has been in quite active in the cryptocurrency, the arena will be well-aware of the importance “private keys and public keys” hold for an investor. The combination of a public key and a private key is what makes a wallet address, which serves as the destination where one can send...
Veriblock Captured Close to 60% of BTC’s OP Return Transactions in 2019
1.1.2020
During the course of 2019, the most used BTC-based OP_Return protocol, Veriblock, outshined Omni Layer outputs. According to statistics, Veriblock captured 57% of BTC’s OP_Return outputs in 2019. Ever since the protocol’s opcodes started dominating, a number of BTC influencers called...
Live Streaming Platform Dlive Joins Bittorrent Ecosystem
31.12.2019
Live streaming platform Dlive will soon be joining the Bittorrent ecosystem and begin migrating to the Tron blockchain. The Twitch alternative will no longer support the Lino blockchain after the transition to Tron is complete. Also Read: Youtube Star Pewdiepie Joins Live Streaming Platform That...
Regulatory Roundup: China Blockchain ETF, France New Crypto Rules, Tokens Like Money in Russia
31.12.2019
In this roundup, we cover Russia’s supreme court recognizing tokens as assets like money and property, France’s new crypto regulatory framework, and several industry developments in China, including a blockchain ETF filing. We also cover Japan’s world conference for decentralized...
Why Cryptocurrencies are Great for Online Poker?
31.12.2019
Despite still being a novelty, cryptocurrency has become very important in various aspects of human interaction. Something of a global phenomenon, digital currency announces a revolution in the way we see and use money – some even believe there is a solid chance for cryptocurrencies to replace fiat...
Disney Rejects Tron Trademarks — How Will That Affect Tron?
31.12.2019
Tron has been gaining tremendous success recently. Despite the success, Tron has experienced certain hiccups at times; the most recent one being the outright rejection of Tron’s Trademarks by the United States Patent and Trademark Office (USPTO). According to a recent report, TRON’s CEO Justin...
AirSwap is Leading the Way to Smart Contracts’ Perfection
31.12.2019
In the financial world, advancements and innovations are at their peak. One of the finest innovations is Smart Contracts. It is nothing but automation of the deal-making process. Like its conventional counterpart, it also needs two or more parties and deals with realities, exchange shares, money...
Number of Israeli Blockchain Companies Grew by 32% in 2019
31.12.2019
Despite the harsh market conditions this year, high profile closures of a few ventures and a lot of employee downsizing, the number of companies operating in the blockchain and cryptocurrency fields in Israel actually grew by 32% in 2019. Also Read: Bankrupt DX Exchange Didn’t Pay Israeli...
What Is a Cryptocurrency? We Need Clearer Definitions
31.12.2019
In the wake of Libra and CBDCs, we need better definitions for what is and isn't a cryptocurrency
Bitwala Concluded a Remarkable 2019 With Promises of More Developments for 2020
31.12.2019
As another year ended, for the crypto industry, it is a year well passed. Amongst advancements in the whole industry, Bitwala seems to have left a strong footprint. Bitwala has launched the biggest break since its inception- the world’s first crypto bank account. Here is a massive step towards...
South Korea Imposes $69M Tax Obligation on Crypto Exchange Bithumb
30.12.2019
The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles...
Binance.US Opens Beta Testing of iOS App to All Users
30.12.2019
Binance US app opens beta test phase on iOS devices all users
Foin Token Scheme Locks Up Investors’ Money and Pumps Price
30.12.2019
Cointelegraph has conducted an investigation into the Foin project, which has delayed unlocking user funds as the token price pumps on an Estonian exchanges
Binance Will Support Newly Announced Ethereum Muir Glacier Upgrade
30.12.2019
Binance to suspend Ether deposits and withdrawals to support the recently announced Ethereum Muir Glacier upgrade expected for Jan. 1
Wazirx CEO on 2020 Outlook, RBI Ban, Crypto Regulation for India
30.12.2019
The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian...