South Korea’s ruling party proposes to delay crypto tax to 2028
If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.
Related Posts


Bitcoin Holds $8,000 as Community Weighs ETF Impact Prospects
Bitcoin’s (BTC) price continued to hold above $8,000 on Monday, July 30, as the rest of market saw slight losses across the board. Market visualization from Coin360 Data from Cointelegraph’s price tracker and Coin360 reveals a modest comedown for Bitcoin through the day, falling almost 1 percent over a 24 hour period to trade at…

Huobi Launches Global DeFi Alliance To Merge East and West
Can teamwork bring together the fragmented crypto space? 2378 Total views 22 Total shares Huobi DeFi Labs has launched a global DeFi alliance, which is set to establish universal protocol standards for the DeFi space and improve communications within the DeFi ecosystem. The alliance will also conduct research on emerging DeFi protocols to help avoid…

Bitcoin dips below short-term holder realized price, sparking $60K fears
Bitcoin’s price briefly dipped below a critical level for traders sparking fears that a further correction toward $60,000 might be on the horizon.

3D metaverse marketplace MetaMundo aims for 2022 launch with new funding
The platform is anticipated to launch in the first quarter of 2022 and will facilitate buying, selling and licensing of metaverse assets. 1097 Total views 17 Total shares MetaMundo, a virtual nonfungible token (NFT) marketplace focused on metaverses, has announced the completion of a seed funding round of $2.7 million.Led by Animoca Brands, MetaMundo’s debut…

Major correction for DeFi as Bitcoin rejected again above $40K: What’s next?
The decentralized finance or DeFi market saw a steep correction over the last 12 hours as Bitcoin (BTC) was unable to break the $41,000 level.Meanwhile, analysts say that the profits from major DeFi tokens are flowing back into Bitcoin, even though the DeFi market is still lagging behind despite BTC’s recovery over the past week.1-hour…

Slight Slump in Markets Continues, Ethereum Trades Below $200
Tuesday, Oct. 30: Crypto markets are mostly trading sideways after the recent drop-off that took place on Monday, Oct. 29. The top 20 cryptocurrencies by market cap are seeing mixed signals with insufficient fluctuations, with total market capitalization hovering around $203 billion.Market visualization from Coin360After dipping below the $6,400 threshold yesterday, Bitcoin (BTC) has been…

VanEck and 21Shares send amended Ether ETF filings to SEC
Some experts are still speculating that the final approval of spot Ether exchange-traded funds could allow listing and trading as early as July.

Bitcoin Simply Existing Positively Impacts Monetary Policy: Research
The existence of private decentralized cryptocurrencies like Bitcoin (BTC) has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends.TThe argument was put forth in a paper published on Aug. 16 by Max Raskin (NYU School of Law), Fahad Saleh (McGill University) and David Yermack (NYU Stern), entitled “How Do Private Digital…