South Korea Finalizes Cryptocurrency Income Tax of 20%
South Korea has finalized a new 20% tax rate for income generated from crypto trading. Go to Source Powered by WPeMatico
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Could Compound’s Governance Token COMP Be Deemed a Security?
Examining COMP’s ability to pass the Howey test for being qualified as investment contracts and to be considered a security. Go to Source Powered by WPeMatico
Crypto Scammer Sentenced by South Korean Authorities
Man sentenced to two years and six months in prison after multi-million dollar crypto fraud. Go to Source Powered by WPeMatico
Crypto Tax Disclosures Can Help With Internal Revenue Service
Disclosure sounds like it exposes you to extra IRS audit risk, but if it’s done properly, disclosure can actually reduce your risk. Go to Source Powered by WPeMatico
Copper Becomes Latest Crypto Firm to Use Signature Bank’s Signet
The integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies. Go to Source Powered by WPeMatico
Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Go to Source Powered by WPeMatico
UK Treasury Wants to Bring Crypto Ads Under Direct Gov’t Oversight
British consumers need stronger rules to protect them from deceptive crypto ads, says U.K. minister. Go to Source Powered by WPeMatico
Experts Concerned Over Twitter’s Ability to Tweet on Behalf of Users
A worse scenario than the recent attack against Twitter could happen if the social media network doesn’t strengthen its internal security procedures, say experts. Go to Source Powered by WPeMatico
Don’t Fall for These Fake Chinese CBDC Scams
Scammers promise high yields for people who allocate their money in a fake CBDC-related investment scheme. Go to Source Powered by WPeMatico
Updated Russian Crypto Bill Defangs Punishments for Using Crypto
Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might. Go to Source Powered by WPeMatico