DIGIT

South Korea Urges 14 Countries to Create International Discipline System for Crypto

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At an annual international conference for regulators in Seoul, the South Korean Financial Supervisory Service urged regulators from 14 other countries to create an international discipline system for cryptocurrency and initial coin offerings. The Korean government also outlined its current crypto countermeasures and pushed for better information sharing and international cooperation. Also read: Yahoo! Japan Confirms … Read more

The Daily: EU Urged for Common Crypto Rules, EEU Ready for Common Crypto

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A Brussels-based think tank has urged the European Union to adopt common crypto regulations. Its report will be reviewed during this week’s meeting of the EU finance ministers in Vienna. Also in The Daily, the Eurasian Economic Union may adopt a single settlement currency, possibly a crypto, Samsung Pay offers a tokenized money transfer service … Read more

Top 5 Ways to Spot an ICO Scam in 2018

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2018 has proven to be rather successful for the initial coin offering industry. This is despite some of the key risks and pitfalls associated with ICOs still remaining place. With so many new investors joining the risk, the five following best practices are need to be taken into account at all times. Culling the weed … Read more

Ukrainians Advised to Pay 19.5% Tax on Crypto Incomes

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In the absence of dedicated regulation, Ukrainians are expected to pay the regular 19.5% income tax rate on their profits from crypto-related activities like trading and mining, a high-ranking official from the Finance Ministry in Kiev explained. Crypto investors are free to report their digital funds as either property or financial assets. Also read: Uzbekistan … Read more

PR: NewChain Testnet Officially Launched and Fully Meets Commercial Requirements

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Newton Project has officially launched its blockchain product NewChain TestNet, along with Newton’s wallet NewPay and browser NewExplorer. This marks that Newton now has a product which embodies its visions for the future, namely a gradual and steadfast process to commercialization. With regards to transaction processing speed, technical solutions and product functions, Newton’s NewChain TestNet … Read more