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South Korea amended income tax for crypto to 20%

South Korea's income tax for crypto will to 20% Unable to view? Read it Online According to South Korea's amended income tax law, crypto investors are going to pay a 20 percent tax on profits from digital currencies. Find out more in LATOKEN Moments FCA Releases Detailed Five-Point Plan to Turn UK into a Fintech Hub Upon the announcement of the UK budget for 2020, Chancellor Rishi Sunak commissioned Ron Kalifa to conduct an independent review of the UK fintech sector. The FCA published the 108-page report that details how the United Kingdom can maintain its status as a global hub for financial innovation and business. >> Grayscale Looks At Altcoins Amid Rising Competition For Bitcoin Investment As Bitcoin exchange-traded funds are gaining traction in Canada, new competitors for Grayscale emerge, the company is increasingly eyeing altcoins. The major crypto asset management firm owned by Digital Currency Group has confirmed that they're looking into at least 23 different digital assets "for potential new product offerings.">> Nigeria's vice president advises cryptocurrencies to challenge traditional bankin Nigeria's crypto community was shocked to the core when the country's leading bank released a circular warning financial institutions to desist from enabling cryptocurrency transactions. The Central Bank made arguments to justify the decision, with several notable figures weighing in on the subject.  >> Billionaire Mark Cuban Says Cryptocurrency Will Change How All Businesses Work Billionaire investor Mark Cuban says the cryptocurrency sector will fundamentally transform the way businesses function. In the recent interview, Cuban tells Jason Calacanis of the Angel Podcast that blockchain technology and decentralized finance are on the verge of revolutionizing many industries. >> For more relevant news, click on the banner below! BTC Institutions & miners to accumulate through Bitcoin chop. Whales uncertain Following a sharp price reversal last week as Bitcoin retreated from all-time highs, traders and analysts are now eyeing major players and investors to gauge BTC's next move, and so far, the reaction is clearly mixed. >> DOGE Elon Musk is not worried about the rumored possibility of SEC probe into Dogecoin tweets Rumors of a possible investigation by the US Securities and Exchange Commission on the alleged influence of Tesla CEO Elon Musk on Dogecoin (DOGE) price movements have been circulating on social media over the last day — a phenomenon that one Twitter user said is "the peak of 2021. ..." >> XRP XRP Increases Losses After Reaching Key Support Level Ripple-affiliated cryptocurrency XRP dropped nearly eight percent earlier today to an intraday low of $0.403. It's the lowest level the beleaguered token has touched since February 23. XRP has again tapped its pivotal support on the hourly chart, but it has managed to hold it so far. >> ADA, DOT Dubai crypto fund sells $ 750,000,000 in Bitcoin To Buy Two Altcoins A crypto investment company with $ 1 billion in assets is selling bitcoins to solidify its position in the two largest altcoins by market cap. Prakash Chand, managing director of Dubai-based firm FD7 Ventures, says Bitcoin may have taken a pioneering position as a digital storehouse of value. >> Follow up assets on Latoken Exchange. Have financial life at fingertips! Go to Exchange Bundler and DEX Furucombo suffers $15 million exploit Decentralized bundling service and exchange Furucombo suffered a hack that resulted in the theft of more than $ 15 million. The Furucombo Twitter team announced the hack on February 27. In the announcement, they specified the Furucombo proxy was attacked and compromised around 5 pm UTC.>> Bridgewater analyst: Bitcoin is an alternative to gold, not a currency Rebecca Patterson, the director of investment research at Bridgewater Associates, thinks Bitcoin could be better compared to gold than a currency due to the similarities between both assets, thus, supporting the digital gold argument.>> The government of Belarus is exploring the possibility of switching to crypto-mining Belarus is studying the cryptocurrency industry for a potential shift to mining digital coins such as Bitcoin. The Ministry of Energy of the Republic of Belarus announced Friday that it actively explores the pros and cons of cryptocurrency mining.>> Central Bank of Ghana To Launch Regulatory Sandbox Pilot for Blockchain and Financial Projects According to the recent report, the sandbox is going to cover a wide range of innovations within the financial services sector and improve the country's financial inclusion. The bank is also seeking remittance and crowdfunding products and new merchant payment solutions for small and medium-scale businesses.>> Stay tuned for more exciting news and discussions in distinguished investors' community with  over $ 8,000,000,000 Assets Under Management on Venture Capital TV!  Watch Venture Capital TV Trade on the go, anytime and anywhere using our LATOKEN app! Download it right away!  Don't miss a single thing! Follow us on social media and stay tuned with our latest announcements. 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