Coinbase Secures The First Bitcoin-Backed Loan From Goldman Sachs
Coinbase has taken out a loan from Goldman Sachs that is collateralized in Bitcoin, paving the way for others to follow. Coinbase, America’s largest cryptocurrency exchange, has been revealed as the mysterious firm that obtained Wall Street’s first bitcoin-backed loan from Goldman Sachs. As of 2021, Goldman Sachs manages $2.5 trillion in assets. Bloomberg reported […]
South Korea’s New President Delays Crypto Taxes For Consumer Protection Legislation
South Korea’s newly elected president is demonstrating his crypto expertise by declaring that there will be no tax on crypto investment gains until legislation can ensure consumer protections. Yoon Seok-yeol, South Korea’s newly elected president, announced on Tuesday that he will push to postpone taxation on crypto investment gains at least until a new set […]