South Korea is considering taxing crypto-profits by 20%

According to a recent article, South Korea’s finance ministry may be preparing to place a 20% tax on income received from cryptocurrency transactions. The report cited a government official stating that while the Ministry of Finance has not yet finalized its proposal to tax cryptocurrencies. There is a possibility that the government will impose a 20% tax on cryptocurrencies. According to the same, South Korea’s Ministry of Economy and Finance has now ordered income tax officials from the country. To carry out a review of the cryptocurrencies tax plan, after…

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Bitcoin’s for the following Summit can ‘Only’ Be $80,000, Analyst add.

Cryptocurrency markets and Bitcoin are pulling back a little as contemplated according their impressive gains over the past week. Some have adjusted their forecast but analysts are still eyeing the next peak. They should need to take a breathe anything that surges almost 20% in less than a week. This is just what Bitcoin is doing at the short time as it corrects to keep up at $8,600. For almost ten-week high BTC marking topped out at just below $9,200 in yesterday. As expected pullback has occurred resulting in a…

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The Beginner: LISK

Lisk is a blockchain application platform designed to provide developers with easy to use tools with which to build and maintain their own decentralized applications (DApps). Based on the Lisk blockchain network and LSK tokens, Lisk users can create and distribute their own modular sidechains that act as fully independent and customizable blockchains, including support for custom tokens. What is Lisk? Lisk is the brainchild of developers Max Kordek and Oliver Beddows. The idea behind Lisk is to address a major problem within blockchain technology: There are not enough developers…

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Huge Global Gold Repatriations Highlighted About Bitcoin’s Advantages

For the past few years, we have seen major economies take place efforts over massive gold repatriation. The peak of the benifits of Bitcoin over the shiny, yellow metal, are the sheer scale of the operations that need to securely move billions of dollars worth of bullion. Starting from 2014, there are several countries consist of Netherlands, Turkey, Germany, and Poland have taken back control of their gold reserves. Confidential Operation The Dutch central bank has moved gold reserves estimatedly worth more $5 billion at the time, as stated by gold mining…

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