The South Korean government is working to create a tax on cryptocurrency transactions. While media reports suggest that the tax on digital currency exchanges will be around 24.2% this year, regulators say a final decision on the tax rate has not yet been made.
The International Monetary Fund is calling for global cooperation to address the issue of cryptocurrencies, which may pose risks to the market due to their volatility.
Bearish sentiment dominates the market, continuing the downward trend in prices for almost all cryptocurrencies.
Today, the volume of the Israeli “black market” of cryptocurrencies is about 22% of GDP. Illegal transactions in this sector result in the state treasury, according to the Israeli Ministry of Finance, annually losing about 50 million shekels ($15 million) in uncollected taxes, which is equivalent to the country's education budget for 2017.
The Opera browser, which has already provided computer users with anti-mining protection against malicious websites and programs in its new version, will now add a similar feature to smartphone browsers, the company said in a statement on January 22.
Chinese exchange Huobi announced the launch of its own token based on the Ethereum ERC-20 standard
The IOTA community recently experienced a real disaster when several wallet owners reported funds missing from their accounts. This happened with the help of malicious websites that provided cryptocurrency owners with new wallet seeds.
The offices of the OneCoin distribution company were raided, and their servers in Sofia were under arrest on January 17 and 18. This was the next step in a series of raids and court cases against this altcoin in several countries. Although the OneCoin servers were shut down, the service continues to work.
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