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Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

Matrixport Launches New Crypto Products with Fixed Income Investment and the Flexi-Term Investment Product

SINGAPORE - On 18th May 2020, Matrixport will introduce the Fixed Income Investment Product and the Flexi-Term Investment product, where asset security is protected by a risk control mechanism by real crypto assets guaranteed by excess pledge.

South Korean Tax Specialists Advocate for Lowered Crypto Taxation

South Korean Tax Specialists Advocate for Lowered Crypto Taxation

Members of the Korean Tax Policy Association are calling on the government to consider applying a low-level tax on crypto transactions. The South Korean administration is contemplating taxing cryptocurrencies as part of its tax reform plan for 2021, but specialists feel it requires in-depth conceptualization.

IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats

IRS Updates 1040 Income Tax Form, Lays Traps for Crypto Tax Cheats

The IRS plans to update the 1040 income tax form for 2020 to make it more difficult for taxpayers to avoid declaring their crypto assets.

Will Bitcoin’s Price Touch $100,000 by End of 2021?

Will Bitcoin’s Price Touch $100,000 by End of 2021?

Will Bitcoin’s rising popularity, global uncertainties and a weak U.S. dollar drive the cryptocurrencies price to $100,000 in 2021?

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Bitcoin is a Good Long-Term and "Plan B" Investment for Black Investors, says KRBE Digital Assets Group Co-Founder

Isaiah Jackson, the author of “Bitcoin & Black America”, described cryptocurrency as a way to address income inequality in society.

Gold’s Rally Isn’t Over—Here’s What It Means for Bitcoin

Gold’s Rally Isn’t Over—Here’s What It Means for Bitcoin

Gold faced its biggest daily drop in seven years last week, just shortly reaching its all-time high. What does this mean for Bitcoin?

Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund

Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund

Wave Financial, based in Los Angeles, launched the Wave BTC Income & Growth Digital Fund, racing to become the first crypto derivatives-based yield fund in the market.

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds

The South Korean administration might consider categorizing proceeds from cryptocurrency transactions as other income that is subjected to 20% tax, such as prize-winning or lottery.

Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert

Unauthorized Cryptocurrency Betting Jeopardizes Jockey Racing Integrity, Warns HKJC Expert

During a presentation at the Asian Racing Conference in Cape Town, South Africa, Tom Chignell, a Hong Kong Jockey Club expert, warned that illegal cryptocurrency betting markets could seriously compromise jockey racing integrity.

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

Huobi Announces Plan To Launch A Fiat Gateway For Turkish Users

At the Eurasia Blockchain Summit Istanbul, Huobi Global declared its ambition to launch a crypto trading platform for Turkey users which will start with Turkish Lira (TRY) / paring and which they hope will enable users to exchange more crypto assets with greater liquidity.

Changelly Launches New App for Cryptocurrency Swapping

Changelly Launches New App for Cryptocurrency Swapping

Changelly, a leading in cryptocurrency swaps has released a new app for both Android and iOS users.

Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability

Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability

Convergence.tech, a Toronto-based digital transformation company, has finished a blockchain-powered project aimed at assisting Mongolian nomadic farmers maximize returns on their cashmere product.

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