Samson Mow highlights centralization features of the Merge
Bitcoin supporter Samson Mow recently used social media to discuss the impending Merge’s centralization features, he stated that a few node operators might change, delay or even cancel the upcoming Ethereum Merge. After the Bellatrix update was finished on September 6, Ethereum entered the countdown mode and will officially switch over between September 13 and […]
El Salvador celebrates first Bitcoin anniversary
Exactly one year ago on September 7, 2021. , the Central, American country El Salvador accepted the Bitcoin law to become the first nation in the world to accept Bitcoin (BTC) as legal cash. President Nayib Bukele of El Salvador pledged that the introduction of Bitcoin will help the 70% of the country’s population that […]
US states, Washington and Pennsylvania, will impose NFT taxes
Two states recently became the first in the US to officially classify NFT as digital assets that are subject to sales and use taxes. The actions of Pennsylvania and Washington show a growing knowledge of the tax ramifications of NFT and a willingness to modify current tax laws to account for this new asset class. […]
South Korean regulators will draft security tokens rules in 2022
A separate security tokens market will be established in South Korea and run by Korea Exchange. By the end of 2022, South Korea will unveil its security token regulations. Prior to the official institutionalization, a pilot market with a regulatory sandbox will be implemented concurrently. The Financial Services Commission (FSC), the leading financial regulator in […]
LUNC 1.2% burn tax voting and activation dates revealed
LUNC Burn, a Twitter account that tracks LUNC burn events, said yesterday that the 1.2% tax plan will be up for a vote on September 10 and activated around September 20. “This is the official date’s for the proposal to activate the 1.2% tax burn. The prop will be on or before 10th September, and […]