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Article by Steve Kaaru

South Korea to delay digital currency tax law until January 2022
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26 November, 2020

South Korea to delay digital currency tax law until January 2022

Digital currency holders in South Korea have been granted an extra three months before a new taxation rule is implemented.
German minister thumbs down private digital currencies
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26 November, 2020

German minister thumbs down private digital currencies

Speaking at a recent regional banking event, Olaf Scholz called for the advancement of European banking systems to adapt to...
Bithumb shuts down Seoul office due to COVID-19
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25 November, 2020

Bithumb shuts down Seoul office due to COVID-19

The South Korean exchange cited the increasing COVID-19 infections and more stringent social distancing rules as the reasons for closure.
US comptroller wants to stop banks from blacklisting digital currency businesses
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25 November, 2020

US comptroller wants to stop banks from blacklisting digital currency businesses

The Office of the Comptroller of the Currency has proposed the rule that will finally ensure fair access to banking...
China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption
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25 November, 2020

China’s Xi Jinping urges G20 to lay groundwork for CBDC adoption

China’s President Xi Jinping has called on G20 leaders to lay the groundwork for central bank digital currencies adoption by...
South Africa regulator drafts bill to regulate digital currency service providers
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24 November, 2020

South Africa regulator drafts bill to regulate digital currency service providers

In its draft bill, the Financial Sector Conduct Authority is proposing that all service providers register as financial service providers.

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