Crypto Regulation
Airdrops Will Be Subject to Donation Tax in South Korea
Airdrops of virtual assets could be liable to gift tax, according to the tax legislation, as the Korean Ministry of Strategy and Finance has interpreted it.
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Companies
IOG Presents Ofelimos: A Proof-Of-Useful-Work Consensus Protocol
Input Output Global, Inc. (IOG), the technology firm that is renowned for its engineering and research in blockchain systems, has introduced a revolutionary Proof…
Crypto Regulation
Federal Reserve Provides New Guidance for Banks Interested in Cryptocurrency
According to a recent Reuters report, the U.S. Federal Reserve has provided more guidance for banks thinking of potentially engaging in cryptocurrency-related operations, emphasising…
Companies
Crypto Lender Hodlnaut Files for Creditor Protection in Singapore
Hodlnaut, a cryptocurrency lender that recently halted withdrawals in response to market conditions, recently applied in Singapore to be granted creditor protection.
Companies
South Korean Authorities Haven’t Filed Charges Against Me, Says Do Kwon
Do Kwon, the co-founder of Terraform Labs and inventor of the Terra blockchain, has decided to sit down and share his side of the…
Companies
Singapore Court Provides Over 3-Month Creditor Protection for Zipmex Cryptocurrency Exchange
The crypto lending industry has experienced significant liquidity challenges, due to lenders’ inability to offer complete liquidity on assets that were lent out at…