Taxation Authorities in South Korea amends tax laws regarding cryptocurrencies. Imposes taxes upon crypto trading and exchange which are to be collected from the start of the year 2022. After long delays, finally, the South Korean Government had been able to successfully amend its taxation laws in respect of cryptocurrency trade/exchange. It took a while…
Bitcoin’s value could go beyond US$ 146,000 if it continues to go eye-to-eye with Gold, say analysts at JPMorgan. Also, suggest the current Bitcoin Bull-Run is more or less the same as that of 2017. But pointed out three potential risks that could change the overall structure of Bitcoin in 2021. On Monday, JPMorgan had…
FiCAS AG from Swiss reveals granting of approval by the Regulator for launching its own crypto-exchange-traded product (ETP). Says they can send ETPs to the entire crypto industry in the European Region. It was informed by FiCAS that it had sought approval from the regulator regarding its proposed ETP. FiCAS told that the application was…
Coinbase records executing the biggest ever digital currency trade. Informs that the transaction was done by One River Asset Management. It wasn’t long ago when the crypto industry was bombarded by investors from the institutional sector. On the top was Microstrategy which wholeheartedly invested its reserves into Bitcoin in the year 2020. The company knew…