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South Korea: Economists say taxing Bitcoin is a โ€œprematureโ€ decision; hereโ€™s why

South Korean economists arenโ€™t happy with the governmentโ€™s proposal to tax Bitcoin and other cryptocurrencies, days after reports suggested the latter. Any โ€œcryptocurrency taxโ€ must be abolished and not implemented, the countryโ€™s academics told local reporters over the weekend.ย  The reason was singular and simple โ€” taxes on an emerging asset class and disruptive technology […]

South Korea: Economists say taxing Bitcoin is a โ€œprematureโ€ decision; hereโ€™s why

Bitcoin-friendly Singapore wants to team up with China for โ€œDigital Yuan,โ€ hereโ€™s why

East Asian nations are forging ahead with their digital currency and blockchain plans, with most being largely lenient towards large-cap digital assets like Bitcoin. Singapore, the tiny island-nation known for its shipping and finance industry, wants to team up with China for the latterโ€™s upcoming Digital Yuan project. Singapore already has regulations in place for […]

Bitcoin-friendly Singapore wants to team up with China for โ€œDigital Yuan,โ€ hereโ€™s why