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Finance Committee Approves Legislation Delaying Crypto Tax in South Korea


Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...

Study: 8.3% of Polled South Africans Own NFTs, a Further 9.4% Plan to Buy


About 8.3% of polled South African internet users own NFTs while a further 9.4% said they plan to acquire such tokens in the future, a study has found. Twelfth-Highest NFT Adoption Rate According to the findings of the latest Finder online survey, about 8.3% of the 1,205 South African internet...

Zcash Extends Rally After Proof-of-Stake Plan, Twitter Shills


The privacy-focused cryptocurrency zcash (ZEC) is being noticed by traders again after a rally of more than 50% over the past week. The rally followed news from last week that the coin will switch to a proof-of-stake consensus algorithm. At 14:27 UTC on Wednesday, ZEC was up 22.7% over the past...

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