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Korean Government Proposes Tough New 22% Tax on Crypto Trading

22.7.2020
Crypto trading profits could be liable to a 22% tax should the Korean National Assembly approve the newly tabled proposal

Google, Twitter and Facebook Face $600M Lawsuit Over Crypto Ad Bans

22.7.2020
The corporate giants could soon face the wrath of cryptocurrency business owners in a lawsuit over the banning of crypto advertising in 2018

S Korea To Discriminate Crypto Traders Against Stock Traders With A New Tax

22.7.2020
The South Korean government has unveiled its crypto tax proposals – with traders who earn over USD 2,100 a year set to pay 20% tax on their earnings. This limit is considerably lower for stock market traders, who do not need to pay tax on earnings (also 20%) of up to USD 42,000 from investments...

Latvian Police Seize Crypto Worth $126K in Bust of Suspected Cybercrime Ring

22.7.2020
The “large-scale" money laundering operation ran from 2015 through 2020, police officials allege

BRD Boss Recalls Operating Bitcoin Help Line During Crypto’s Early Days

22.7.2020
BRD’s chief executive shares his experience of operating a ‘Bitcoin help hotline’ during 2015

YouTube: We’re Not Liable for Crypto Scams

22.7.2020
Lawyers for the video-sharing platform argue that because Ripple impersonators were third-parties it has no liability

K-pop Star Kwon Hyun-bin to Appear in ‘Crypto-themed’ K-drama Series

22.7.2020
Kwon Hyun-bin. A South Korean K-drama series that focuses on blockchain, cryptocurrency and – of course – romance, is set to air in October. Its makers have confirmed that K-pop star Kwon Hyun-bin will play the male lead. The drama is set to commence filming this month and, per its producers...

South African Exchange Valr Raises $3.4 Million in a Series A Funding Round

22.7.2020
A South Africa based cryptocurrency exchange, Valr has just raised $3.4 million in a Series A funding round led by 100x Group, the parent company to Bitmex. The funding round, in which 4Di Capital also participated, however, does not change Valr’s controlling shareholder structure. In...

Russia to Treat Crypto as a Taxable Property

21.7.2020
Russia changed its draft bill regulating crypto and digital assets. You won’t go to jail for facilitating crypto deals in the country – at least, not just yet

Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official

21.7.2020
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says

NFTs on Samsung, Taxing Crypto Loans, BTC Transaction Risk Score + More News

21.7.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. NFTs news The makers of the blockchain-powered VR game Decentraland (MANA) said that their Marketplace app has been added to the Samsung Blockchain...

Crypto Scammer Sentenced by South Korean Authorities

21.7.2020
Man sentenced to two years and six months in prison after multi-million dollar crypto fraud

Crypto Tax Disclosures Can Help With Internal Revenue Service

21.7.2020
Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk

Singapore May Extend Crypto Regulation to Include Overseas Activities

21.7.2020
Under the central bank's proposals, Singapore regulation would end up covering the overseas activities of locally based crypto companies

CipherTrace Says It Can Instantly Flag Shady Transactions With Predictive Risk Scores

21.7.2020
The blockchain analytics firm claims its new system respects crypto users’ privacy while also flagging suspect transactions

Copper Becomes Latest Crypto Firm to Use Signature Bank's Signet

21.7.2020
The integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies

VALR Gathers R57-million In Funding Round To Promote Crypto Sector

21.7.2020
Working as the biggest cryptocurrency trading platform in Johannesburg, South Africa, VALR has revealed that the exchange has pooled in R57-million (USD 3.4 million) in its recently concluded Series A equity funding round. The firm is dedicated to using the collected funds in laying strong efforts...