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From the Blog

South Korea to impose tax on NFTs

South Korea to impose tax on NFTs

South Korea Financial Services Commission has made clear that it has concluded plans to impose tax on nonfungible tokens by 2022. The tax law would impose a 20% tax on income from virtual assets amounting to over 2.5 million as at January 2022. The country’s Financial Services Commission vice chairman Doh Kyu-sang affirms that only […]

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MasterCard prepares to deploy CBDC

MasterCard prepares to deploy CBDC

The CEO of masterCard, Michael Miebach has through an earnings call with investors and stakeholders discussed his positive outlook on the cryptocurrency industry. The company has not only seen sizable volume growth in consumers who use their MasterCard to purchase crypto assets, rather has also secure a number of partnerships with cryptocurrency companies. Miebach made […]

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