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Government Confirms Crypto Profits Not Taxable in South Korea


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...

2019 Google and Yahoo Searches for Bitcoin Decline Significantly


2019 was an interesting year for cryptocurrencies. Some would say it wasn’t as bad as the crypto winter in 2018 and others would note it wasn’t as great as bull run 2017. One thing’s for sure, ever since the all-time price highs, interest in cryptocurrencies has been waning....

Iran, Turkey, Malaysia Discuss Creating Unified Muslim Cryptocurrency


At a summit attended by leaders of Muslim countries, including Malaysia, Turkey, Iran, Qatar, and Indonesia, the Iranian president proposed creating a Muslim cryptocurrency to cut reliance on the U.S. dollar. The Malaysian prime minister supports the idea of a unified cryptocurrency for Muslim...

Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years


Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms. India has a history of tensions with China, although the countries...

Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest


Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why cryptocurrencies have been faring better there than in other European countries. Italians love cash but are also warming up to...

Kucoin Has Extended Mobile-Based Services to Its Customers From 8 Countries


In his latest tweet, Michael Gan, CEO of KuCoin, tweeted that KuCoin customers from several countries can now register on KuCoin through their mobile phones. Users from India, Indonesia, Turkey and 5 other countries are now able to register on #KuCoin with their mobile phone. ???? Check the full...

Crypto ATMs Proliferate – 6,000 Installed and Counting


The number of cryptocurrency ATMs installed worldwide has surpassed 6,000, nearly a 50% growth since the beginning of the year. The U.S. leads other countries with over 4,000 crypto ATMs, followed by Canada and the U.K. Several producers offer a range of machines for anyone wanting to get started...

Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank


As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies. Lebanon, Zimbabwe, and India are just a few of the countries to deal with...

Global Trend Against Cash Intensifies as China Joins the Squeeze


For various reasons, a growing number of nations are experiencing the rapid development of cashless society. Paper money may become extinct in some countries in the not-so-distant future. Prompted by the spread of private and decentralized cryptocurrencies and the threat of losing control over...

Coinbase Card Adds 10 Countries, XRP Support + More Crypto News


Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news Coinbase Card, a Visa debit card issued by Coinbase, is now also available in Bulgaria, Croatia, Denmark, Hungary...

ITFC Raises Its Trade Finance and Development Efforts in OIC Countries


International Islamic Trade Finance Corporation (ITFC) has announced that in the third quarter of 2019, it helped in boosting growth in these nations by financing transactions to the tune of $2.2 billion. It is a significant development and shows the sort of financial commitment that has been made...

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