Tag: taxation

Nov 27 2021

NFTs In A Nutshell: A Weekly Review

Despite the holiday week, NFTs still found plenty of headlines this week, as we close out November. Musician's engagement was a particular focus this week, as a number of different artists announced or released projects this past week. Meanwhile, at a 30,000 foot view, countries across the globe continue to have their own respective battles about taxation of NFTs. We're looking at some...

Nov 25 2021

South Korea Financial Regulator May Impose Tax On NFTs

Amid the ongoing controversy surrounding virtual asset taxation in the country, South Korea's Financial Authority recently proclaimed non-fungible tokens (NFT) as taxable. On Tuesday, The Financial Services Commission (FSC) of South Korea, announced that it would start taxing NFTs. According to The Korea Herald, from January next year, this tax law amendment would impose a 20% tax on...

Oct 16 2021

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 7, P. 2: Inflation)

Let’s focus. If we do, we can finish our analysis of Saifedean Ammous’ “The Bitcoin Standard” this century. The rest of this chapter is all about inflation, the buzzword of the last few months. As the whole world is feeling the effects of something that’s day-to-day life for small economies, people in privileged countries are curious about why their purchasing power decreases every...

Jun 23 2021

Bitcoinist Book Club: “The Bitcoin Standard” (Chapter 5, Part 1: Time Preference)

The time has come, book lovers. The time to discuss “time preference,” a key concept that will help you make sense of the world around us. If you already own BTC, you know how it changes your priorities and makes you a more measured individual, focused on the future. The whole “...

Jun 06 2021

Day TWO: Key Quotes And Ideas From Of The Bitcoin 2021 Conference In Miami

The Bitcoin 2021 conference is over. The lessons remain. This time, they turned off the livestream’s chat. An elegant solution. A wasted opportunity, the virtual community couldn’t gather around the fire. But hey… much better than watching robots pushing low-quality projects non-stop. And it was easier to focus on the presenter’s words. Still, it felt like something was amiss....

Apr 23 2021

Why is the Crypto Market Down? The Answer will SHOCK you!

As the crypto selloff is happening since last week, crypto investors were all shocked by major news coming straight from the US. The entire cryptocurrency market fell more than 12%, and the market capitalization fell below the USD 2 trillion marks. The first sell-off was related to a normal price adjustment, as the crypto market went way high for an extended...

Mar 18 2021

Ernst & Young Launches Cryptocurrency Tax Calculator

The move aims to resolve tax dilemma since it produces a variety of tax filing formats that the IRS requires.

Mar 03 2021

Cryptocurrency Startup TaxBit Raises $100 Million for Global Expansion

The US-based crypto taxation startup is focusing on the mainstream adoption of digital assets.

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