South Korea’s Democratic Party pushes to implement 20% crypto tax in 2025

The United States’ concerns about the rise of cryptocurrency use in illegal activities have only been growing as developments in the space continue to push the envelope. There is a global race to launch stablecoins that could be potentially utilized by more than half the world’s population. Meanwhile, Facebook is committed to launching a Libra…

Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to Latin America in early 2022.A vertically integrated blockchain and cryptocurrency company with offices in Saigon, Vietnam and Panama City,…

Blockchain-based games have been a hot topic in the cryptocurrency space over the past two years, accounting for considerable growth and daily activity on a number of protocols despite prolonged bear market conditions.Market research estimates that Web3 gaming pulled in around $4.5 billion in funding in 2022 as asset managers, investment funds and venture capitalists…

The decentralized finance (DeFi) landscape continues to evolve, and Bitcoin-centric solutions are gaining momentum. BTCFi is an emerging sector that transforms Bitcoin (BTC) from a passive store of value into an actively utilized asset in DeFi.  A new report by Cointelegraph Research and Elastos delves into how Bitcoin’s security helps to create trustless, scalable financial

Prominent cryptocurrency companies and investors intend to support pro-cryptocurrency candidates during the 2024 U.S. election cycle. 385 Total views 1 Total shares Ripple CEO Brad Garlinghouse has publicly announced the company’s intent to support “pro-crypto’ candidates during the 2024 United States election season. The company is among a group to have pledged a total of

Crypto exchange ErisX has raised $27.5 million from Fidelity Investments and Nasdaq Ventures, among other investors, Reuters reports Dec. 4Nasdaq is the world’s second largest stock exchange, while U.S. investment firm Fidelity administers over $7.2 trillion in client assets.According to Reuters, ErisX will offer both on spot trading in Bitcoin (BTC), Ethereum (ETH) and Litecoin…

Magic Eden is currently holding a monopoly in the Solana NFT space, but expect OpenSea to attempt to encourage their consumer base onto their platform following this launch. 67 Total views 33 Total shares NFT marketplace OpenSea has announced an upcoming integration of the Solana (SOL) blockchain within its platform, a long-awaited move that industry…

The views expressed here are the author’s own and do not necessarily represent the views of Cointelegraph.comBitmain, the world market leader for mining equipment, on the eve of an epic IPO — which could become the largest in the entire history of the IT market — is experiencing an equally epic publicity and information attack.…

The United States Internal Revenue Service (IRS) has added a question on crypto ownership to the standard 1040 income tax form for the coming tax season.IRS wants to know about your crypto in 2019On Oct. 11, a draft of the “Additional Income and Adjustments to Income” section of the new 1040 form surfaced that included…