Place/Date: Singapore - February 17th, 2020 at 8:32 am UTC · 2 min read Contact: BitMax.io, Source: BitMax.io BitMax.io, a Singapore-registered digital asset trading platform with a global footprint, and Bithumb Korea, a South Korean-based cryptocurrency exchange, are pleased to announce a strategic global partnership leveraging their respective market presence and expertise.Founded by a group of Wall Street quant trading veterans in 2018, BitMax.io offers a broad range of financial...
Read More »South Korean Authorities Are Considering 20% Tax on Crypto Gains
South Korea’s Ministry of Economy and Finance has started to review the crypto regulation in the country. In particular, they are reviewing a crypto taxation plan. As South Korea’s Yonhap News Agency has reported, the Korean finance ministry may introduce a 20% tax on crypto gains.Until now, the authorities considered profiting from digital assets as capital gains, and the tax law in South Korea did not see cryptocurrency trading profits as taxable income. However, with the regulatory rule...
Read More »Highly Anticipated Bithumb Coin Is Officially Announced by Bithumb Global
Premier global digital asset exchange Bithumb global has made public the unique and highly anticipated crypto asset Bithumb Coin (BT) which serves as the native token for the new Bithumb Chain. The Chain is said to be launched in Q1 2020.Holding the ticker name of BT, the token will be used in many different kinds and types of transactions within a wide variety of utilities and situations. What is Bithumb Coin?Based on open-source code, Bithumb Chain is the framework that serves as the engine...
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