Korean Incoming Minister Confirms Crypto Taxation Plans
South Korea’s incoming finance minister, Hong Nam-ki, has reportedly unveiled his government’s taxation plans for cryptocurrency and initial coin offerings. A task force consisting of experts from government agencies...
Russian Institutions Back Proposal to Let Companies Use Cryptocurrency
An idea to allow companies from certain sectors and in some regions to use cryptocurrencies is gaining traction in Russia. The proposal has been included in a draft law...
Bitmain Shuts Down Research and Development Center in Israel
The ongoing bear market has caused another cryptocurrency company to downsize its operations. Bitmain, the Beijing-headquartered bitcoin mining technology giant, has now begun shutting down its research and development...