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South Korea Plans 20% Crypto-Tax From 2022, Will Exclude NFTs as Taxable
The country’s crypto tax rules that had been previously proposed have been accepted and will go into effect in 2022. As of now, non-fungible tokens (NFTs) are not included under the tax. The post South Korea Plans 20% Crypto-Tax From 2022, Will Exclude NFTs as Taxable appeared first on BeInCrypto. дальше »
2021-10-8 20:24 | |
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Chainlink (LINK) tech is bringing South America its first stablecoin
FinTech firm Spartan Hill has announced it is integrating Chainlink Price Feeds to help power a new decentralized Colombian Peso stablecoin called Daily (DLY), CryptoSlate learned in a release. The post Chainlink (LINK) tech is bringing South America its first stablecoin appeared first on CryptoSlate. дальше »
2021-10-6 22:00 | |
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Spartan Hill creates Colombian peso stablecoin DLY with Chainlink integration
Spartan Hill, a FinTech platform based in South America, announced a Chainlink (LINK/USD) Price Feeds integration to support Daily (DLY), a new, decentralized Colombian Peso stablecoin, Invezz learned from a press release. дальше »
2021-10-7 18:00 | |
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Rise in illegal crypto transactions, as efforts for stricter regulations ramp up in South Korea
South Korea has been witnessing a surge in the use of cryptocurrencies in illegal foreign exchange transactions. While the uptrend was witnessed after the onset of Covid-19, local reports suggest thatThe post Rise in illegal crypto transactions, as efforts for stricter regulations ramp up in South Korea appeared first on AMBCrypto. дальше »
2021-10-4 21:00 | |
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Survey: South Africa prefers Bitcoin, while Malaysia, Great Britain choose Ethereum
As per the Chainalysis 2021 Geography of Cryptocurrency report, cryptocurrency adoption is growing worldwide and especially in emerging markets. Naturally, due to a range of factors, investors in diffThe post Survey: South Africa prefers Bitcoin, while Malaysia, Great Britain choose Ethereum appeared first on AMBCrypto. дальше »
2021-10-3 19:30 | |
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No deferral on taxation law, South Korea to tax crypto gains 2022 onwards
As the laws are getting stricter in South Korea, tax filings in the country will also include crypto earnings from 1 January 2022, as per local reports. Earlier, South Korean authorities were mulling The post No deferral on taxation law, South Korea to tax crypto gains 2022 onwards appeared first on AMBCrypto. дальше »
2021-10-2 19:00 | |
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South Korean crypto tax to come into effect in 2022, as planned
The agreement reached last week means that the effective date for taxing cryptocurrencies remains… The post South Korean crypto tax to come into effect in 2022, as planned appeared first on Coin Journal. дальше »
2021-10-2 15:04 | |
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South Korea: Crypto-exchange Upbit to begin ID verification, others to follow suit
South Korean authorities have managed to implement the new regulations regarding cryptocurrency exchanges in the country. This move resulted in 29 out of 66 exchanges shutting shop, following the deadThe post South Korea: Crypto-exchange Upbit to begin ID verification, others to follow suit appeared first on AMBCrypto. дальше »
2021-10-1 23:00 | |
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Miami Mayor Francis Suarez Continues Pitching Miners on South Florida
In a continued effort to draw cryptocurrency miners to South Florida, Miami Mayor Francis Suarez is in talks with local energy officials. The post Miami Mayor Francis Suarez Continues Pitching Miners on South Florida appeared first on BeInCrypto. дальше »
2021-9-29 17:05 | |
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Korea’s 29 crypto exchanges now face regulatory scrutiny after meeting deadline
Following their failure to meet the new Crypto Regulations in South Korea, 37 crypto exchanges are billed for total closure. The post Korea’s 29 crypto exchanges now face regulatory scrutiny after meeting deadline appeared first on CryptoSlate. дальше »
2021-9-29 07:00 | |
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South Korea’s Largest Crypto Exchange Operator Raises $85 Million at an $8.65 Billion Valuation
Upbit accounts for more than 70% of the domestic market share and is currently seeing the most interest in Serum, Ethereum, XRP, Bitcoin, Cosmos, Tezos, Cardano, and Polkadot. The post South Korea’s Largest Crypto Exchange Operator Raises Million at an . дальше »
2021-9-27 16:24 | |
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'Big four' South Korean crypto exchanges survive despite restrictions
h2: 'Big 4' coin exchanges in South Korea stand strong 29 of the 66 South Korea-based crypto exchanges had rushed to meet a stipulated regulatory deadline on 24 September. Following this, the markeThe post 'Big four' South Korean crypto exchanges survive despite restrictions appeared first on AMBCrypto. дальше »
2021-9-26 19:30 | |
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Billion-dollar crypto trading powerhouse Amber Group is targeting a US IPO listing
Amber Group co-founder and CEO Michael Wu revealed in an interview with the South China Morning Post that the Hong Kong-based crypto service provider is interested in going public in the US within the next two years. дальше »
2021-9-26 11:00 | |
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Just 10 Korean crypto exchanges have registered with the government ahead of deadline
With the clock ticking down on crypto exchanges operating in South Korea, available information on the leading financial regulator’s website shows that only ten of these crypto firms have been able to successfully register with the authorities. дальше »
2021-9-25 10:00 | |
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Криптовалютный «единорог» из Гонконга рассматривает возможность прямого листинга в США
Гонконгский поставщик финансовых услуг Amber Group рассматривает возможность прямого листинга в США. В разговоре с South China Morning Post соучредитель и генеральный директор компании Майкл Ву сообщил, что она может выйти на фондовый рынок в течение следующих двух лет. дальше »
2021-9-24 19:31 | |
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Суд в США освободил экс-разработчика Monero Рикардо Спаньи
Суд освободил из-под ареста бывшего ведущего разработчика Monero Рикардо «Fluffypony» Спаньи. I am very pleased that the U. S. court has released me. I am actively working with my attorneys on a way to return to South Africa as soon as possible so I can address this matter and get it behind me once and for all. дальше »
2021-9-22 16:42 | |
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How to Accept Bitcoin Payments & Donations [2021 Update]
Bitcoin has been touted as many things – a store of value, a means of exchange, and crazy magic computer money. Certain South American nations have considered BTC as legal tender. Online retailers are setting up crypto payment options as the most convenient way to trade internationally. дальше »
2021-9-21 14:54 | |
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After El Salvador, will Paraguay be the next to make Bitcoin 'official currency'
El Salvador's adoption of Bitcoin as legal tender this month kindled national ambitions across Central and South America. In Paraguay, congressman Carlitos Rejala excited Bitcoin supporters, when his The post After El Salvador, will Paraguay be the next to make Bitcoin 'official currency' appeared first on AMBCrypto. дальше »
2021-9-19 01:30 | |
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Korean Finance Minister vows crypto taxes starting 2022
South Korea’s Minister of Strategy and Finance Hong Nam-Ki said that the planned law on taxing cryptocurrencies will come into effect at the beginning of next year. The post Korean Finance Minister vows crypto taxes starting 2022 appeared first on CryptoSlate. дальше »
2021-9-19 13:41 | |
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ByBit Discontinues Support for South Korean Language and Community
Cryptocurrency exchange Bybit announced on Friday that it is adjusting service provision in South Korea. In order to be in compliance with local regulatory changes, Bybit will discontinue Korean language support on its official platforms and its official Korean community on social media, effective from Sept. дальше »
2021-9-18 23:01 | |
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South Korea: With 60 exchanges set to close, here's what awaits investors
South Korean exchanges have only a week to register and comply with new regulations that will soon come into effect. However, as predicted, the onset of new regulations will result in over 60 crypto-eThe post South Korea: With 60 exchanges set to close, here's what awaits investors appeared first on AMBCrypto. дальше »
2021-9-17 19:30 | |
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Cryptocurrency Tax Dispute in South Korea Reaches Boiling Point
South Korea’s crypto industry is currently in the midst of a significant dispute with the government as the topic of taxation continues to rage on. Following a possible delay in the government’s proposed tax code, a lawmaker has come out to declare that he won’t be backing down. дальше »
2021-9-18 18:06 | |
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Over 60 Crypto Exchanges In South Korea To Suspend Operations From Next Week
The Financial Services Commission (FSC) in South Korea has set a deadline for foreign and local crypto exchanges to register as legal trading platforms. The financial watchdog has set a September 24 deadline for exchanges to comply. дальше »
2021-9-17 15:46 | |
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No more decentralization for Binance, but will it work for the 'wild west'
"We have come to realize that we need a centralized entity to work well with regulators." In a recent interview with South China Morning Post, Changpeng Zhao – Founder and CEO of Binance –agreed The post No more decentralization for Binance, but will it work for the 'wild west' appeared first on AMBCrypto. дальше »
2021-9-17 13:00 | |
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Binance готова отказаться от децентрализованного управления
Биржа криптовалют Binance готова отказаться от политики «децентрализованного головного офиса» под давлением мировых регуляторов. Об этом объявил CEO Binance Чанпен Чжао в разговоре с South China Morning Post в четверг. дальше »
2021-9-17 10:28 | |
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47% of South Africans own Bitcoin (BTC), holding $70 worth on average
As conversations regarding the use and purchase of digital assets in Africa continues to gain ground, details have emerged that about 47 percent of South African adults hold at least one form of cryptocurrency. дальше »
2021-9-17 10:00 | |
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More than 60 South Korean exchanges will suspend trading amid new regulations
South Korea has been trying to come up with cryptocurrency regulations for some time, and it is now ready to implement them. However, before it does it, it ordered over 60 of its local cryptocurrency exchanges to suspend their operations a week before the regulations arrive. дальше »
2021-9-17 09:19 | |
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Binance планирует отказаться от децентрализованного управления под давлением регуляторов
Биржа криптовалют Binance готова отказаться от политики «децентрализованного головного офиса» под давлением мировых регуляторов. Об этом объявил CEO Binance Чанпен Чжао в разговоре с South China Morning Post. дальше »
2021-9-17 08:13 | |
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South Korea postpones proposed crypto-taxation policy to next year
South Korea is a curious case study. While for many it has been a country fairly conducive to the crypto-community, recent regulatory steps seemed to suggest otherwise. Consider this - A while backThe post South Korea postpones proposed crypto-taxation policy to next year appeared first on AMBCrypto. дальше »
2021-9-17 23:30 | |
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South Korea’s ruling party plans to pass a bill to delay crypto taxation
South Korea’s ruling party, the Democratic Party of Korea, is planning to pass a bill that postpones the taxation of virtual assets before January 1, 2022. A report disclosed this news earlier today, noting the ruling party objected to Deputy Prime Minister and Minister of Strategy and Finance Hong Nam-ki’s question of whether the Ministry […] The post South Korea’s ruling party plans to pass a bill to delay crypto taxation appeared first on Invezz. дальше »
2021-9-17 21:37 | |
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South Korean lawmaker: Delaying tax laws on crypto is 'inevitable'
“In a situation where the relevant taxation infrastructure is not sufficiently established, the deferral of taxation on virtual assets is not an option, but an inevitable situation,” said Noh Woong-rae. дальше »
2021-9-17 20:15 | |
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FSC to shut down about 35 exchanges as the registration deadline nears
South Korea’s leading financial regulator, the Financial Services Commission (FSC), among other watchdogs in the country, is gearing up to shut down multiple crypto exchanges in the coming days. дальше »
2021-9-17 15:32 | |
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Чанпэн Чжао: Binance отказалась от «децентрализованной» модели бизнеса
Биткоин-биржа Binance трансформируется в лицензированное предприятие с централизованным бизнесом, столкнувшись с регуляторными проблемами. Об этом основатель и глава компании Чанпэн Чжао заявил в интервью South China Morning Post. дальше »
2021-9-17 15:29 | |
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Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report
Africa, the smallest crypto-economy, which received $105.6 billion worth of cryptocurrency between July 2020 and June 2021, saw a growth of more than 1200% by value received in the last year. According to a report by Chainalysis, the region is seeing some of the highest grassroots adoption in the world, with Kenya, Nigeria, South Africa, […] The post Remittance and Fiat Devaluation Drives 1200% Growth in Africa’s Crypto Market: Chainalysis Report first appeared on BitcoinExchangeGuide. дальше »
2021-9-16 22:26 | |
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Asia On The Verge Of Igniting MultiBillion-Dollar Crypto Bearish Storm
Key takeaways South Korea to shut down over 40 cryptocurrency exchanges for failure to comply with new regulations. Cryptocurrency crackdowns are reducing the impact of Asian countries on the cryptocurrency market. дальше »
2021-9-14 15:58 | |
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42 altcoins face crisis as Korea set to close 75% of all its crypto exchanges
Extensive investor losses are expected as roughly two thirds of South Korean crypto exchanges struggle to meet toughened registration rules. The post 42 altcoins face crisis as Korea set to close 75% of all its crypto exchanges appeared first on CryptoSlate. дальше »
2021-9-14 10:00 | |
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South Korean Crypto Investors Could Lose over $2.5 billion due to Regulatory Crackdown
With South Korean regulators set to shut down local cryptocurrency exchanges that fail to meet up the requirements before the deadline later in September, investors in the country could experience losses worth over $2. дальше »
2021-9-14 23:00 | |
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More than 65% of South Korean Crypto Exchanges to Shut Down Once FSC Deadline Hits
This could result in “huge investor losses” as users lose access to about 42 local altcoins. Currently, Polkadot (DOT), XRP, Cardano (ADA), and Cosmos (ATOM) are leading cryptos on the four top legit exchanges in the country. дальше »
2021-9-14 22:36 | |
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Up to 40 South Korean crypto exchanges face ‘shut down’ – report
Delisting of smaller altcoins and exchange shutdowns could see investors lose more than $2.6… The post Up to 40 South Korean crypto exchanges face ‘shut down’ – report appeared first on Coin Journal. дальше »
2021-9-13 14:49 | |
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South Korean crypto exchanges face Sept. 24 deadline to submit licence request
Failure to meet South Korean regulators’ new requirements is expected to wipe out tens of crypto exchange operators.
дальше »2021-9-14 12:26 | |
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South Korea braces to curb 'sharp increase' in illegal, crypto-linked activities
The time period given to South Korean cryptocurrency exchanges, for registering with the required authorities is almost over. As per the country's Financial Intelligence Unit, it was looking closely aThe post South Korea braces to curb 'sharp increase' in illegal, crypto-linked activities appeared first on AMBCrypto. дальше »
2021-9-13 01:30 | |
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