Bitcoin Daily: S Korea Eyes New Crypto Income Tax; Less Network Traffic Causes Drop In Bitcoin Fees
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. Halving also doubled the cost of mining, which saw inefficient miners ceasing operation. South Korea is pondering a modification to its tax law which could place taxes on cryptocurrencies.
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