South Korea Delays Introduction of Taxes on Crypto Trading
The income tax rate for crypto traders, which will come into force not from 2023, but from 2025, should be 20%.
SkyBridge Suspends Withdrawals from One of its Crypto Funds
SkyBridge Capital has recently announced it has frozen withdrawals from one of its cryptocurrency funds.
BNP Paribas Plans to Launch a Digital Currency Custody Service
Financial conglomerate BNP Paribas has plans to launch a digital asset custody service.
VC Investments in Crypto Firms Falls by 26%
The volume of capital investments has fallen to an annual minimum, amounting to $ 6.76 billion in April-June.
Central Bank of Indonesia: Cryptocurrencies Have Great Potential
The head of the Bank of Indonesia has acknowledged digital currencies create conditions for the modernization of financial infrastructure.
Bank of England Will Not Develop a Digital Pound Based Digital Yuan’s Model
Bank of England Deputy Governor John Cunliffe has said the digital pound is likely to operate as a “merchant-grade” instrument based on a bank account.
The Bank of England Warns Against Risks Associated to Digital Currencies
The bank has said that cryptocurrencies pose threats to the stability of global and local financial systems.
