The South Korean government have issued a taxation law on cryptocurrency trading gains back in July 2020. The new tax law suggested a 20% tax rate on income from crypto trading for crypto traders who earn more than 2.5 Million Won a year ($2,260 USD). The new tax, that wasContinue Reading
John Ratcliffe, the director of US National Intelligence, have called the Digital Yuan a national security and raised concern on the Digital Dollar’s “lagging behind” in development Director of US Intelligence have written a letter to SEC Chairman Jay Clayton a few weeks ago. In this letter he raised concernsContinue Reading
A Dubai based ICO consulting agency invests $10,000,000 to support the launch of ETH 2.0 The company partnered with Canadian staking service CanETH for this effort. The total funding consisting of 21,984 ETH will be sent in three tranches, securing the total of 687 validators. The chairman of IBC GroupContinue Reading
November 2020 is definitely exciting time for Bitcoin. Being traded at the $4850 mark in May 2020, it is currently breaking through the $16000 per Bitcoin barrier and setting new records in wallets holding 1 BTC or more and the number of active wallets overall. The new record for BitcoinContinue Reading
Today the crypto market is shocked to hear numerous reports from the USA traders stating the Binance have started blocking USA accountsContinue Reading
Switzernand based fully regulated crypto bank Sygnum became the first regulated bank to launch staking service for major cryptocurrency.Continue Reading
PayPal (https://www.paypal.com/)’s CEO remarked about the payments company’s newly-unveiled crypto offering during its Q3 earnings call on Monday and highlighted how the firm intends to add more digital currencies in the future 💱 Highlighting PayPal’s work with regulators on the digital currency front, PayPal CEO Daniel Schulman (https://www.linkedin.com/in/dan-schulman) noted: “ThisContinue Reading
Social Mining is a powerful tool for tokenized startups to build their Seed community and grow their online presence ⛏ DAO Maker is currently working on SaaS solution called dTeams, which will allow chosen candidates to earn with social mining and compete in their quality of work for a partContinue Reading
The price of Bitcoin has fallen 3% affected by the regulatory crisis in HK crypto businesses Leo Weese, the co-founder of the Bitcoin Association of Hong Kong have stated the following: Opinion Earlier this year china have stripped the city state of Hong-Kong of their independence in market and businessContinue Reading
IOHK, the company behind Cardano rolls out Marlowe Playground, an application building tool that allows creation of smart-contracts for non-programmers by using visual coding. The new platform lowers barriers to entry for Smart Contracts What makes IOHK’s product unique, is that Marlowe Playground is aimed at those with little toContinue Reading
In early 2021 PayPal promises to deliver a new system that allows purchase and storing of crypto actives using PayPal account balance.
In this article we will try to figure out the consequences of this decision for crypto economy.Continue Reading