South Korea’s Finance Minister: Crypto tax in South Korea is ‘inevitable’ in 2022
South Korea’s finance minister said that cryptocurrencies like Bitcoin will be taxed as “intangible assets.”
South Korea’s finance minister said that cryptocurrencies like Bitcoin will be taxed as “intangible assets.”
Investment firm Thiel Capital managing director Eric Weinstein has called on cryptocurrency proponents not to be swayed by recent bitcoin price corrections.
JPMorgan, the largest bank in the U.S., is reportedly preparing to offer its own actively managed bitcoin fund to private wealth management clients.
Officials are considering a tax on all cryptocurrency transactions in Indonesia.
Bitcoin’s mainstream adoption is picking up fast. It’s not only large institutions such as Tesla, Square, and MicroStrategy that are scooping up the asset at every downswing, but even the San Francisco Sheriff’s Department seems to be interested in the world’s largest cryptocurrency by market cap.
The SEC’s lawsuit against Ripple Labs and execs Brad Garlinghouse and Chris Larsen has been a game-changer in many ways. Not only because it is one of those rare cases where the defendants’ execs have been personally charged, but also because Ripple and the altcoin at the center of the lawsuit, XRP, remain two of the industry’s most prominent faces.