In our “Interesting” section, we highlight unusual stories, notable events, and curious facts from the world of cryptocurrencies and technology. Here you will find unique insights, unexpected developments, and engaging content beyond daily crypto news. Read the “Interesting” section on ForkNews to discover the most intriguing stories from the crypto industry.
Swiss Minister of Economy Johann Schneider-Ammanna said that in the next 5-10 years the country should become a “crypto-nation”, using the positive experience of Zug, which in a short time managed to become a “crypto-valley”
Cryptocurrency exchange BitFlyer received a license and starts on the digital currency market in the European Union
This conclusion was reached by analysts from Ernst & Young, who analyzed about four hundred examples of initial placement of tokens over the last three years.
According to the CoinMarketCap portal, as of 8.49 Moscow time, Bitcoin fell in price by 10.05%, to $10.54 thousand. On the Bitfinex exchange, the cryptocurrency decreased in price by 10.08%, to 10.35 thousand dollars, on GDAX - by 10.29%, to 10.4 thousand dollars.
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.
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