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There have been talks circulating within the cryptocurrency industry in South Korea lately saying that the government is on the verge of announcing a crypto tax. After weeks of waiting, it finally happened; the tax rate...
The relationship between cryptocurrency and traditional banks isnt exactly a smooth one, which is understandable considering that digital assets such as Bitcoin (BTC) and Ethereum (ETH) were once feared for their potential...
The U.K. government is looking for ways to protect the interest of cryptocurrency investors. One of the proposals being put forth is to increase oversight on digital asset promotions by placing them under the jurisdiction...
Cryptocurrency exchange Coinsquare has been accused by the Ontario Securities Commission (OSC) of misleading its clients about its trading volumes. The OSC alleged that the Canada-based crypto trading platform engaged in...
After years of discussions, South Korean might soon be taxing profits from cryptocurrencies. While the details have not yet been officially revealed, there are talks that the government might opt to impose a 20 percent tax...
A group of cryptocurrency scammers has been taken down by Chinese authorities in the city of Wenzhou. The police seized millions in cryptocurrencies, villas, and luxury cars from the group. Chinese authorizes seized...
Chinese authorities have been ramping up efforts to curb illicit economic activities. To speed up its investigations, the countrys law enforcement is now reportedly detaining over-the-counter (OTC) cryptocurrency...
The U.K. High Court ordered GPay to be wound up in the public interest. The cryptocurrency trading platform was accused of scamming crypto traders by using fake endorsements by celebrities. UKs Insolvency Service posted...
The governments plan to impose taxes on cryptocurrency transactions might be a bit premature at this point, according to an economist. Sung Tae-yoon, an economist from the Korean Yonsei University economist, expressed his...
The cryptocurrency sector in India is facing uncertain times ahead with rumors swirling around that the government could be planning a total ban on cryptos. However, the various reports did not seem to dampen investors...
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