The South Korean government said that it is conditionally prepared to carry out a review of crypto tax regulations – a year ahead of the promulgation of the country’s first crypto-specific tax law. Per news agency Yonhap, Hong Namk-ki, the Deputy Prime Minister and the nation’s finance minister, stated that Seoul was willing to change the way it classifies crypto-related earnings in tax declarations – a factor that could possibly lead individuals and companies to pay less tax on their cryptoasset holdings. As previously reported, from October next year, individuals who earn more than USD 2,100 per year from crypto-related activities will be obliged to pay 20% tax on their “excess” earnings (anything they earn above the USD 2,100 mark). Non-residents or overseas corporations will be obliged to submit tax data to crypto exchanges, where they could be taxed at source. But critics of the new law claim that it is unfair that crypto has been classified as “other income,” rather than “financial assets.” The latter classification, used for stocks and other conventional assets, has a sliding tax rate and a much higher threshold. Indeed, individuals do not need to pay tax on the first USD 42,000 they earn from investments in KOSDAQ stock market-listed companies. Hong suggested that a move to the “financial assets” class was a distinct possibility – but added a caveat, saying,The Deputy Prime Minister was speaking to the National Assembly’s Planning and Finance Committee, where he was challenged on the matter of tax by an MP for the largest opposition party, the People Power Party, Seo Il-jun. Seo stated that the “other income” category was usually reserved for slot machine winnings and lottery winnings. He said that lumping crypto into this tax category was a “hostile” move and added,Learn more: Crypto ‘Is Now Finally Being Taken Seriously’ By Taxman – PwCDeclare Your Bitcoin or We’ll Take 30% of it – Draft Russian LawResidents of Europe’s Crypto Valley Can Pay Tax Bills in Bitcoin, Ethereum
Latest & GREATEST Ethereum / DeFi News.
Ethereum has been holding up well compared to the rest of the DeFi space, but the recent news that the second-round of stimulus checked proposed by the House was rejected by Trump has changed that. The top-ranked altcoin just took 3% off its value in a matter of thirty minutes or less following the tweet making rounds. What does this mean for Ethereum and the already suffering DeFi space? Ethereum price followed along with Bitcoin and stocks in plummeting after markets caught wind that US President Donald J. Trump had ended any chances of a second stimulus effort before the coming election this November. The Senate and the House have been locked in battle preventing any version of the bill from being passed. A recent adjustment to the proposal passed by the House, according to Trump, won’t see the light of day. In a tweet, Trump says he is rejecting the request, and holding off any stimulus until after he “win[s].”In response, Bitcoin fell $200 and Ethereum dropped by $10 or 3% in a matter of minutes. On shorter timeframes, the cryptocurrency can be seen setting a lower low above as a result of the news breaking. Related Reading | DeFi Overtakes Ethereum In The Media, Data ShowsEthereum was among the assets that fared the best following the last round of stimulus, offering anyone who took their $1,200 and put it into ETH earning a substantial ROI. Ethereum surged over the summer months due to the DeFi trend, but with no more stimulus money on the way, these assets could fall just as quickly as they went on the way up.
ConsenSys developer Ben Edgington has published an update that predicts the ETH 2.0 beacon chain genesis will happen within the next six to eight weeks. In a post announcing the launch of ‘V1.0.0 release candidate 0’, Edgington revealed the protocol’s deposit contract address feature should be announced this week. The deposit contract allows ETH to be sent between Ethereum and ETH 2.0, and is one of the few remaining updates needed to facilitate the roll-out of ETH 2.0 phase 0:However, the PegaSys engineering group developer emphasized his prediction “is not an official statement.”To complete phase 0’s launch, 500,000 Ether will need to be locked for staking after the beacon chain goes live, followed by a week-long genesis delay to give the network time to prepare. According to Edgington, the new release also strengthens Ethereum against denial-of-service attacks, implements the genesis delay and a temporary quadrupling of penalty fees. Penalties were increased in response to the “slightly bumpy” genesis “dress rehearsal” on the Spadina test network at the end of September, and what is now “very low participation” on the Medalla testnet. The developer described the fee hike as “a temporary measure to give stakers more confidence in case we hit trouble.” Despite low testnet participation, Edgington firmly believes the network is ready to transition into phase 0:Edgington’s post comes after a successful trial on the Zinken testnet last week, which Set Protocol’s Anthony Sassano described as the “second last dress rehearsal testnet before we finally set an ETH 2 phase 0 mainnet launch date.”
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In this episode of my weekly podcast I summarize Frederik Gregaard’s appereance on the Crypto Valley – Podcast this week.
Annonce pour les vidéos sur la capitale de la Crypto Valley qui vont être diffusées dans les prochains jours.
Quelques images tournées dans le centre de la Crypto Valley (Capitale).
Où acheter une voiture quand on est cryptomillionnaire ?
Quelques images tournées dans le centre de la Crypto Valley (Capitale), devant chez Ethereum !!!
Forex Trading Tutorial with the broker IQ Option
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This is a demo to send a Bitcoin lightning payment to the content author directly from the RSS reader. (think of an open blendle.com)
Seconda parte dell’intervista a Giacomo Zucco Ceo di Blockchainlab
Hem marka hem de ajans tarafında çalışanlar hep gelecek kampanyaları beraber şekillendirdikleri iş ortaklarının iletişim ve pazarlama trendlerini yeterince takip etmediklerinden yakınırlar.
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Part of the Program for Financial Studies ‘Big Data for Better Business’ seminar series.
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State-owned companies have invested billions in bitcoin this year
The list of large public corporations expanding their investments and portfolios with bitcoin is growing.
A professional analysis of the current price and trend for Ethereum / ETHUSD powered by AI. Hope you enjoyed this price analysis of Ethereum / ETHUSD and subscribe to get fresh videos every day.
➡️➡️ RSI Explanation: https://youtu.be/C6A4Mwxerd8 ⬅️⬅️
➡️➡️ Stochastic RSI Explanation: https://youtu.be/7w_OKdrZEfU ⬅️⬅️️
➡️➡️ EMA Explanation: https://youtu.be/xqR5b6NhIgE ⬅️⬅️️
➡️➡️ Divergence Explanation: https://youtu.be/8tUpgEn0Alg ⬅️⬅️️
➡️➡️ MACD Explanation: https://youtu.be/ISLaqBSj65A ⬅️⬅️
Welche weiteren Kryptowährungen gibt es noch? Achtung vor nicht seriösen Kryptowährungen! Wo liegen die Warnzeichen? Bitcoins in der Offline-Welt.
Bitcoin to Breakout? BTC Price Predictions and US Elections w/Craig Cobb | Token Metrics Roundtable
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On today’s special live stream we will cover the Bitcoin weekly close and I will take ALL of your altcoin requests!
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On a secluded back patio of the luxe Ventana Big Sur hotel, several dozen of the world’s leading cryptocurrency experts are playing a special after-dinner game. It’s a brisk weeknight in November 2019, and the attendees congregate around tall heaters to sip wine and hot chocolate and quiz each other – a nerdy, real-life reimagining of a computer science concept called the Byzantine Generals Problem, which imagines a leader passing orders to lieutenants of unreliable loyalty. Pooling their deductive skills, the participants successfully root out three players instructed to lie. They’ve illustrated, in low-tech form, the power of the blockchain, which combines vast amounts of processing power to create a dynamic, but effectively unbreakable, decentralized public ledger. It’s the technological innovation underpinning crypto currencies like Bitcoin and Ethereum. The game is a clever ice breaker for a secretive, off-record conference meant to unite different factions of the highly opinionated and cantankerous crypto community. Away from the posturing and flame wars of Telegram chats and Twitter threads, Byzantium’s hosts, an investment firm called Paradigm, are looking to remind this elite group that they’re more similar than not – all united by a common goal, to see crypto become more mainstream.“There are challenges they’re all facing,” says Paradigm cofounder Matt Huang, who launched the firm with Coinbase cofounder Fred Ehrsam in 2018. “A lot of these folks are building things that look totally different in shape that what’s down the fairway on Sand Hill Road,” Huang adds, invoking the tech world’s most famous fundraising street where he once worked at top-drawer firm Sequoia. They might disagree about the merits of Bitcoin versus Ethereum, or the role of tech giants like Facebook in setting the agenda. But Paradigm’s point is simple: compared to an outside world full of crypto skeptics, these entrepreneurs, researchers and top university professors are more alike than not. “I think people will look back at this as one of those rare moments in history, where it’s like the Lockheed Martin skunkworks team, or Pixar, or the Apollo program,” raves Ehrsam’s close pal Brian Armstrong, Coinbase’s billionaire CEO. “Where a small group of people came together for a brief moment, did something pretty impactful, and then it had all these huge downstream effects.”Nearly a year later, that mission remains a work in progress. When the coronavirus sent global stock markets tumbling in March, crypto assets like Bitcoin plunged, too, despite defenders’ insistence that such coins were a safe haven operating independently of old-school financial trends. In a world facing more pressing concerns – a pandemic, a presidential election, lives disrupted by the sudden move to digital and remote work – crypto hasn’t emerged as a much of a unifier, at least yet.
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