South Korea postpones 20% digital currency tax to 2023
The country’s National Assembly resolved to push the tax after months of fierce back and forth between the government and members of parliament.
The country’s National Assembly resolved to push the tax after months of fierce back and forth between the government and members of parliament.
Ivar Auzins allegedly defrauded hundreds of investors and took off with at least $7 million through two unregistered digital asset securities offerings, according to the U.S. securities regulator.
The consortium has brought together some of Japan’s largest firms, from banks to tech firms, and plans to launch the digital currency in the fiscal year 2022.
The deputy governor of the Bank of France addressed the need for DeFi and digital assets regulations and expressed his concerns about CBDC.
The vice chair of the Financial Services Commission has asked the National Assembly in South Korea to reverse the ICO ban and instead regulate the industry to weed out scammers.
CoinGeek’s chief Bitcoin historian recently joined Cryptology to talk about the trial of the century, how he knows Dr. Craig Wright is Satoshi, how BSV invalidates all altcoins, the Gorilla DAO, and more.
The new government, which replaces former Chancellor Angela Merkel, is committed to digitalizing Germany, including allowing tokenized securities and digital euro.
The U.K. tax agency will impose a 2% digital service tax, which is reserved for tech outfits like Google and Facebook, on digital currency exchange, which, in turn, will be passed on to users.
The Indian government is still adamant that Bitcoin is not a currency, with its finance minister clarifying that the government doesn’t collect Bitcoin transaction data.
CoinGeek’s Chief Bitcoin Historian Kurt Wuckert Jr. joins The Jist to talk about the Bitcoin civil war and why it centered on block size, and why he thinks Dr. Craig Wright is Satoshi, the Mastercard cabal, and more.
The Russian tax agency is concerned with tax evasion through digital currencies, but warned that it can still track evaders as they leave a digital footprint.
The OCC, the FDIC and the Federal Reserve have said in a joint statement that they’ll focus on a long-term policy strategy in 2022 after this year’s policy sprints.