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The National Tax Service of South Korea (NTS) has decided to withhold income tax from Bithumb’s foreign customers. The total tax to be imposed on their transactions amounts to more than 80 billion won (over $69 million), the leading Korean cryptocurrency exchange announced. Also read: Poles Hit With Backdated Tax on Crypto Trades Bithumb to … Read more
There are many different types of personalities in the cryptocurrency space. Everyone has their favorite project, although some bitcoin sv supporters will grasp any opportunity to drop its name. It is commendable to see community members remain loyal to a crypto asset. When Bitcoin SV Shilling Goes too far Over the years, it seems that … Read more
The Indian crypto community has had an eventful year, with a bill on the horizon, the RBI ban’s supreme court hearing, and the community’s efforts toward positive crypto regulation. News.Bitcoin.com interviewed Nischal Shetty, CEO of local crypto exchange Wazirx, about what the Indian crypto industry could expect in the year 2020 and a wide range … Read more
The appeal of bitcoin is greater in regions where financial hardship is commonplace. Both Venezuela and Argentina show an increasing demand for BTC as the year draws to a close. It is a well-known fact how Latin American countries struggle financially. Bitcoin Remains Popular in Latin America Those problems are more apparent in Venezuela and … Read more
UNICEF is a globally recognized nonprofit organization. It too decided to jump on the crypto donation bandwagon, courtesy of The Giving Block. More and more nonprofits see merit in accepting bitcoin donations. UNICEF Sets the Right Example That decision is straightforward, as it is one of a handful of global currencies. More importantly, the cryptocurrency … Read more
The National Power Training Institute, under India’s Ministry of Power, is offering blockchain training in multiple cities throughout the country. Participants will learn about blockchain technology, its use cases, smart contracts, Ethereum, cryptocurrency, Bitcoin, and even mining. Also read: Regulatory Roundup – New US Crypto Bill, France’s 1st Approved ICO, Muslim Crypto National Training Institute’s … Read more
France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car. The country’s budget minister, Gérald Darmanin, called the court-approved experiment ‘one more tool to fight fraud.’ Exemplified by … Read more
Blockchains are held as disruptive new technology in 2020. As regulators prepare for legal frameworks, blockchain projects are taking over the world. Industries and companies are seeing the value of blockchains and the trustless environment they provide, and developers are building DApps on different blockchains. These DApps integrate a decentralized cloud infrastructure that is held … Read more
Real-world use cases for blockchain technology are not easy to come by. The Football Association, together with AlphaWallet, aims to change that narrative. Both institutions will experiment with blockchain technology to sell football tickets. Blockchain Tokenization for Sport Event Tickets More specifically, tickets for next year’s European soccer championship. It is believed that up to … Read more
Companies in China have been wary of cryptocurrencies. That situation won’t necessarily change following some new guidelines coming out of Beijing. It has been a while since some “China bans bitcoin” FUD made headlines. More Bitcoin Trading FUD From China For reasons unknown, such news tends to come around at least once a year. This … Read more
