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The South Korean government plans to tax capital gains on cryptocurrency transactions. A Dec. 9 report from The Korea Times reveals that a revised bill to introduce the measure will be drawn up by the country’s Ministry of Economy and Finance by the first half of 2020. In parallel, the […] The second-largest power utility in Japan is extending its trial of a blockchain-powered system for transacting renewable energy credits. According to a press release shared with Cointelegraph on Dec. 9, the Kansai Electric Power Co Inc (KEPCO) is extending its trial of a blockchain-enabled renewable energy trading platform developed by […] The New York Digital Investment Group LLC (NYDIG) has received approval from the United States Securities and Exchange Commission (SEC) to offer its shares to institutional investors, including registered investment advisers, their clients and other eligible investors. The fund aims to invest in cash-settled BTC futures traded on exchanges that […] As of press time, Ethereum has passed block #9068000, putting it within 1000 blocks of the scheduled Istanbul hard fork, which should take place at around 23:30 UTC. The much-anticipated shift to Istanbul will be the Ethereum network’s first hard fork since February’s Constantinople. Both are stages of a broader […] The stagnation of the cryptocurrency market has put Bitcoin’s (BTC) price at risk of further decline, as it struggles to recover beyond key resistance levels. A descending price increases the probability of the so-called “miner capitulation” occuring, which is said to have triggered the major BTC drop in December 2018. […] Space-as-a-service-focused blockchain startup SpaceChain has sent its hardware wallet technology to the International Space Station (ISS). As part of the CRS-19 commercial resupply service mission, a SpaceX Falcon 9 rocket is delivering SpaceChain’s hardware wallet technology to the ISS, according to a Dec. 6 press release. The move purportedly marks […] Major crypto exchange Binance is looking for managerial staff to establish its office in Turkey, according to job postings on LinkedIn. Binance listed a total of five open positions on its LinkedIn company page as of Dec. 6 to establish a local presence in Istanbul, Turkey. The company is seeking […] Japanese financial services giant SBI Holdings is considering to pay shareholder dividends in the form of XRP tokens, following the same practice by its subsidiary MorningStar. After MorningStar started offering its shareholders dividends in XRP earlier this year, SBI CEO Yoshitaka Kitao revealed that the company is now considering to […] Earlier this week, decentralized cryptocurrency exchange CryptoBridge abruptly announced that it was shutting shop, leaving just two weeks for its customers to retrieve their funds. Around the same time, the Waves DEX also shut down to resume operations as a hybrid exchange. While Waves ostensibly decided to “merge all the […] On Dec. 4, Bitcoin (BTC) unexpectedly rallied hard from $7,080 and over the next 5 hours the digital asset had moved 9.92% to trade for $7,788. The strong surge briefly broke the pattern of lower highs lower lows. But by the end of the day, the price had retraced back […]
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
Japan’s 2nd-Largest Utility Trials Blockchain for Renewable Energy Credits
Top-5 Cryptos This Week: XTZ, ATOM, XRP, XMR, BNB
T-Minus 1,000 Blocks Until Ethereum’s Istanbul Hard Fork
Death Spirals and BTC — What Happens When Miners Capitulate?
Blockchain Startup SpaceChain Sends Wallet Tech to International Space Station
Binance Crypto Exchange Seeks Staff to Lead Its Efforts in Turkey
Japanese Financial Giant SBI Holdings Considers Paying Dividends in XRP
CryptoBridge Closes Down and Waves Relaunches, DEXs Face Tough Times
Crypto Market Flips Green — But Is Bitcoin Ready to Retest $8,000?