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The finance ministry of South Korea is mulling to impose a 20 percent income tax on cryptocurrency transactions, the officials announced on Monday, The Korea Times reported. The Ministry of Economy and Finance has...
Senator Nathan Dahm has drafted a new bill for Oklahoma that calls for a state-backed financial institution that will be fully supported by blockchain technology, Cointelegraph reported. The bill, dated Jan. 15, 2020,...
The Canadian Securities Administrators (CSA) issued a notice on Thursday to guide crypto exchanges on the application of securities regulation. Based on the guidance, the securities legislation would apply to platforms...
The U.S. House Financial Services Committee recently looked at how cryptocurrencies are being used to fund domestic extremism, Cointelegraph reported. The FSC Subcommittee on National Security, International Development...
U.S. lawmakers are pushing for a bill to create a tax exemption for low-value cryptocurrency transactions, CoinDesk reported. The Virtual Currency Tax Fairness Act of 2020 was introduced on Thursday by Reps. Suzan...
Uzbekistan is planning to launch a national mining pool and a licensed cryptocurrency exchange, Bitcoin.com reported citing a report from local news outlet Spot. During a conference on Monday, the National Agency for...
Venezuelan President Nicolas Maduro made a big announcement mandating PDVSA, a state-owned oil company, to only accept the state-backed digital currency, petro, as payment for the fuel they sell to airlines, CoinDesk...
Texas regulators warned investors of cryptocurrencies as they added this emerging new asset class to the list of top threats. The Texas State Securities Board has released its Texas Investor Guide: Strategies for...
The United Nations has warned the people to stay away from the upcoming North Korean Crypto Conference in February, Reuters reported. In a report published last year, the UN said that North Korea stole $2 billion from...
The U.S. Securities and Exchange Commission (SEC) released a statement warning investors against initial exchange offerings (IEOs). IEOs are among the new developments in the digital asset world. They can be compared to...
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