Bitcoin Capital National Taxes 
PYMNTS
JULY 13, 2020
South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. Abra, which works by letting users bet on price movements of listed U.S.
PYMNTS
MAY 28, 2020
Bitcoin transaction fees are simmering back down to ordinary levels after a heavy wave of them in early May, reports suggest. South Korea is pondering a modification to its tax law which could place taxes on cryptocurrencies. The transaction fees are now around 80 BTC paid to miners on Tuesday (May 26).
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PYMNTS
NOVEMBER 5, 2019
s tax authority has released cryptocurrency tax guidance for businesses, revealing that crypto assets will still be defined as commodities. That means that companies that participate in trading exchange tokens must make tax payments.
PYMNTS
APRIL 14, 2018
Tax Day for Americans is here, or at least it will be on Tuesday, April 17. This year is a bit of an unusual year as far as taxes are concerned, since April 15 actually falls on a Sunday. Back then, taxes weren’t due on April 15. Tax season used to be a month and a half shorter.
PYMNTS
JANUARY 16, 2020
In other news, South Korean cryptocurrency exchange Bithumb is going to court to fight an almost $69 million tax bill from the National Tax Service (NTS), according to a report Thursday (Jan. The tax is called a retention tax, which is an income tax paid to the government by the income payer and not its recipient.
PYMNTS
OCTOBER 9, 2019
Ransom is demanded in bitcoin, upon threat of releasing damaging information to family, friends, and co-workers. But now the hackers are asking for alternative crypto currencies to bitcoin in their ransom demands. This latest sextortion version is using a Litecoin wallet address instead of bitcoin to evade detection,” Johnson wrote.
Perficient
JUNE 30, 2022
Some of these online articles can be found here: OCC Provides Roadmap for National Banks and Savings Associations To Conduct Crypto Activities – Perficient Blogs. In 2022, FTX broke ground on its new headquarters in Nassau, the country’s capital. The Pros and Cons of a Potential U.S. Crypto Conference.
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