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South Korean Investors Making more than $2,260 from Crypto to be Slapped with a 20% Tax in 2022
The South Korean Ministry of Economy and Finance has announced that investors making at least 2.5 million won, or approximately US$2,260 from crypto trading, will be subjected to a 20% tax from 2022.
Bakkt Launches Two New Regulated Trading Products Ahead of Schedule
Bakkt launched its market for physically-settled Bitcoin futures in September this year, just launched its Options tied to its Bitcoin futures today.
Gemini Delves Deeper into Crypto Space with Nifty Gateway Acquisition
Gemini, a cryptocurrency exchange behemoth, has revealed the acquisition of Nifty Gateway, a famed platform for non-fungible tokens (NFTs), also called nifties. Expressly, nifties are used in powering the emerging economy of virtual goods and digital collectibles.
Wall Street Indices End The Week With Gains Seen On BTC, ETH and XRP
Wall Street Indices including the Dow Jones, S&P 500, and the Nasdaq Composite closed higher on Friday alongside BTC, ETH, and XRP. Technical analysis was used.
Binance Acquired CoinMarketCap: A Huge Boost to the Binance "Super Exchange" Ecosystem
Binance, one of the largest digital asset exchanges in terms of trading volume and users, has officially announced the acquisition of CoinMarketCap for an undisclosed fee. According to the press release shared with Blockchain.News, the acquisition creates synergies for both companies in boosting cryptoassets adoption to global users.