[ad_1] The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from January 1, 2023, but now has been deferred to 2025.The government officials announced their new tax reform plans on July 21, deferring the crypto tax policy to 2025, citing stagnant market conditions and the time required for the preparation of
[ad_1] Individually identifiable digital representations of blockchain-based tangible or intangible objects called nonfungible tokens (NFTs) are not typically divided into smaller parts. Instead, structured metadata related to actual or virtual things is represented by NFTs. Often, the tokens are not connected to the objects and serve as distinct identifiers, advancing the interoperable commercialization of the physical or digital items, according to their proponents.Hashes of files or other data were added
[ad_1] It’s not every week that regulators from both sides of the Atlantic ocean come together to discuss cryptocurrencies. But that's what happened last week, with European and American counterparts sharing their thoughts on stablecoins, central bank digital currencies (CBDCs) and the Markets in Crypto assets (MiCa) proposal. The representatives of the European Commission, the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), and several other EU-level bodies
[ad_1] Passport, sunglasses, beach towel, Bitcoin (BTC)? A BTC enthusiast on vacation demonstrated that the world's largest cryptocurrency could soon become a holiday essential. Eugenio, a Costa Rican Bitcoin maximalist, paid his way on holiday with just Bitcoin in his wallet during a long weekend on Costa Rica’s Pacific coast.A hotspot for Bitcoin adoption and real-life whale spotting, the towns of Uvita, Dominical and Ojochal are home to Bitcoin Jungle,
[ad_1] Bitcoin (BTC) staged its first test of critical support on July 21 as news that Tesla had liquidated most of its Bitcoin holdings subsided. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin bulls attempt to flip key trendline to supportData from Cointelegraph Markets Pro and TradingView showed BTC/USD focusing on the $22,800 zone after dropping from multi-week highs of $24,280 on Bitstamp.The pair had reacted swiftly but comparatively modestly to the revelation
[ad_1] While the crypto prices are calm and investor interests remain low, blockchain’s potential to transform and disrupt industries keeps attracting those eager to build regardless of digital asset prices. Lars Seier Christensen, the founder of investment banking firm Saxo Bank, told Cointelegraph that blockchain's inherent features made him decide to jump into the space and run a blockchain project called Concordium. He explained that: “I am fascinated with the many
[ad_1] Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations.As reported by Cointelegraph in November 2021, SCB X Group, a subsidiary of Siam Commercial Bank (SCB), was set to acquire a 51% stake in Bitkub by the second quarter of 2022 as part of a plan to become a regional fintech. Now things seem to have taken a twist, as the bank
[ad_1] The developers of the Dogecoin (DOGE) project have released a new update for the core software, which improves security, efficiency and user interface.This latest update, Dogecoin Core 1.14.6, went live early on Thursday, and all the network participants were urged to upgrade to the latest version. The new update comprises numerous security fixes, modifications to the existing fee structure and several new features.A change in the wallet backup directory's
[ad_1] Cybersecurity specialists have welcomed a new trial by the Australian Competition and Consumer Commission (ACCC) to automatically take down scam websites. The trial saw dozens of scam sites, including crypto scams, knocked offline after more than 300 were reported.The ACCC reported that Australians had lost $113 million in cryptocurrency scams last year. The new trial will be in partnership with the Australian Securities and Investment Commission (ASIC) and will focus
[ad_1] Crypto research firm Delphi Digital has outlined possible ways in which gamers may accept nonfungible tokens (NFTs) as part of their gameplay experience, such as using the tech for additional aspects that don’t impact the core experience.The lengthy report was published by Delphi Digital on Wednesday and explores how NFTs can be incorporated into games without impacting the core gaming experience or “true competitive play” that gamers tend to
