South Korea fastracks 20% tax on Bitcoin and crypto profits to 2022
After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation. Go to Source Powered by WPeMatico
Bitcoin Regulation
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Janet Yellen Stresses Importance of Crypto Regulation, Making Sure Bitcoin Is Not Used in Illicit Transactions
U.S. Treasury Secretary Janet Yellen has reaffirmed that it is important to ensure that bitcoin and other cryptocurrencies are not used for illicit financing. In addition, she stresses the importance of regulating institutions that deal with bitcoin. Janet Yellen Claims It’s Important to Make Sure Bitcoin Is Not Used for Illicit Financing U.S. Treasury Secretary … Read more
Russian crypto mining firm scrambles to meet foreign demand
Russian crypto mining giant BitRiver is rushing to build two new data centers to meet increasing demand from global crypto miners. Go to Source Powered by WPeMatico
Evolve wins second Canadian Bitcoin ETF as Ontario regulator approves application
Evolve Funds Group Inc has received approval to list its Bitcoin ETF. The new asset will trade under the ticker symbols “EBIT” and “EBIT.U” and provide direct exposure to BTC. Go to Source Powered by WPeMatico
NYDIG files for US-based Bitcoin ETF, with Morgan Stanley on board
The crypto-focused financial services company has filed S-1 paperwork with the SEC, reigniting the debate over a Bitcoin ETF. Go to Source Powered by WPeMatico
India crypto ban is like banning internet, says former Coinbase CTO
Former Coinbase CTO Balaji Srinivasan has warned that India’s impending ban on Bitcoin and other cryptocurrencies would be like banning the “financial internet.” Go to Source Powered by WPeMatico
Exchanges warn that Hong Kong’s crypto retail trader ban could backfire
Crypto industry concern mounts ahead of the likely introduction of a bill to ban retail traders from cryptocurrency activities in Hong Kong. Go to Source Powered by WPeMatico
Bitcoin market cap briefly tops $900 billion
Bitcoin’s market cap was less than $100 million short of $1 trillion for a few brief moments today. Go to Source Powered by WPeMatico
Andrew Yang says he’ll transform NYC into a Bitcoin hub if elected mayor
Andrew Yang has plans for New York City that cryptocurrency users anywhere would find appealing. Go to Source Powered by WPeMatico
Former British MP says central banks should ban Bitcoin
Nick Boles, who served as a Member of Parliament from 2010 to 2019, believes the world would be better off without Bitcoin. Go to Source Powered by WPeMatico