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South korea to start taxing bitcoin profits

INVESTIGATIONS

Wednesday, 15 July, 2020 at 10:10 GMT
According to local reports, the South Korean government is seeking to impose a 20% tax on digital currencies. The East Asian country has been working on digital currency taxation for several months now. Earlier, the Ministry of Economic and Finance proposed amendments to the tax...
What is the best mobile crypto trading app

PREVIEW

Tuesday, 14 July, 2020 at 04:45 GMT
Many cryptocurrency investors and traders are thriving by buying and selling cryptocurrencies like Bitcoin, Ethereum, Tether, Ripple, etc. daily. When it comes to trading cryptocurrencies, it is essential to act fast. The market fluctuates and when there’s a chance to take...
Bitcoin spikes following news of potential covid vaccine

PREVIEW

Sunday, 12 July, 2020 at 17:30 GMT
Early yesterday, Pfizer announced that the early phases of its new coronavirus vaccine bore positive results. The stock market has since shot up following the news, while bitcoin has also recently jumped up to the $9,400 range from $9,200. ...
Cryptocurrency scam in news headlines this week

INVESTIGATIONS

Sunday, 5 July, 2020 at 09:19 GMT
Cryptocurrency scam platforms have been abundant around the world for years now. Legal authorities try their hardest to catch them as they appear, but often they are well thought out and disguised. It can be hard to distinguish the difference between real platforms and fake ones,...
Philippines sec asks investors to remain cautious of these crypto companies

WARNINGS

Saturday, 4 July, 2020 at 10:11 GMT
The Philippines’ securities regulator has issued a warning to investors to be aware of three cryptocurrency companies that might be a potential scam as they are not registered with the proper authorities. The Philippines Securities and Exchange Commission (SEC) flagged three...
Unicef turning to cryptocurrency in fight against covid19

PREVIEW

Friday, 3 July, 2020 at 08:36 GMT
UNICEF announced last month that it is to invest 125 ether (worth around $28,500) in eight companies from seven different countries as part of its cryptocurrency fund (CryptoFund) aimed at addressing global challenges. ...
Lithuania to launch its own central bankbacked digitial token

INVESTING

Friday, 3 July, 2020 at 03:33 GMT
The first digital coin produced by a central bank will soon be issued in the Euro Zone, according to media reports, with Lithuania set to launch its own digital token – LBCOIN. ...
The bank of canada says a cbdc should focus on accessibility and inclusion

INDUSTRY

Thursday, 2 July, 2020 at 11:37 GMT
The Bank of Canada recently published a report saying it is aiming to develop a central bank digital currency that could mimic banknotes on the blockchain, providing the same availability and accessibility people have come to expect from physical cash. According to the Bank of...
Binance security report sheds light on crypto scams

INVESTIGATIONS

Thursday, 2 July, 2020 at 04:09 GMT
A report released by major crypto exchange Binance illustrates how scamstargeting cryptocurrency investors attempt to gain credibility. ...
Bitcoin scam exposes thousands to data breach

WARNINGS

Wednesday, 1 July, 2020 at 03:33 GMT
Fraudulent websites successfully have stolen the personal records of a number of individuals from the United Kingdom, Australia, South Africa, the United States, Singapore, Malaysia, Spain and more. The attack was executed as a targeted multistage Bitcoin (BTC) scam propagated by...

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