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Central Banks to Cross-Examine Libra’s Founders in Switzerland
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Central Banks to Cross-Examine Libra’s Founders in Switzerland

The European Central Bank (ECB) officials and 25 global central banks will be meeting with Libra’s founders to assess the project.

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

Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder
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Former CEO of Hong Kong Listed Company Joins Worldmoney as Shareholder

Worldmoney Financial Blockchain Co., Ltd, the parent company of Blockchain.News, announced the addition of Mr. Chau Cheuk Wah as company shareholder.

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

Fidelity Digital Assets Custody Ready for Bitcoin Derivatives Yield Fund
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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.

Have We Really Seen the Last of Former Presidential Crypto-Candidate Andrew Yang?
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Have We Really Seen the Last of Former Presidential Crypto-Candidate Andrew Yang?

Have we really seen the last of former Presidential Crypto-Candidate Andrew Yang?

South Korea Contemplates Imposing 20% Tax on Cryptocurrency Proceeds
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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.

BOJ Governor: Japan Should Prepare "Thoroughly" for the Issuance of its  Digital Currency
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BOJ Governor: Japan Should Prepare "Thoroughly" for the Issuance of its Digital Currency

Haruhiko Kuroda, the Bank of Japan (BOJ) governor, has highlighted the need for the nation’s central bank to prepare thoroughly for the rollout of its digital currency with initial experiments expected for this spring.

Canadian Blockchain Project to Assist Mongolian Nomadic Farmers Fight Income Instability
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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.

$134 Million Deal Closed By Real Estate Company Using Blockchain in Switzerland
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$134 Million Deal Closed By Real Estate Company Using Blockchain in Switzerland

Switzerland has just recorded one of its first real estate tokenization and sale on the blockchain. The asset involved in this transaction is a building sitting on the prestigious Bahnhofstrasse in Zürich.

Holistic Approach to Investing in Cryptocurrency
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Holistic Approach to Investing in Cryptocurrency

The basic criteria for selection and investing in Cryptocurrencies using the three pillar approach.

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