headlines
headlines
Shareholders of Bithumb Korea stated on the 27th that the Korea National Tax Service has collected "a total of more than 80 billion won (including local taxes) in taxes involving withholding tax for foreign customers from Bithumb Korea." (Note: Withholding tax is collected from the income side in advance and pay it to the State). In this regard, Bithumb Korea has taken a strong stance, heralding legal measures against the taxation. (MTN)
digital currency
digital currency
Exchange token performance in 2019: OKB has the highest return on investment, and BNB has the highest trading volume
Through combing the rise and fall of exchange tokens, in terms of return on investment, the price of OKB rose by 386%, followed by HT and BNB. In terms of transaction volume, BNB ranks first and OKB ranks second. Almost all tokens experienced a small bull market in 2019, BNB took advantage of this bull market to gain 658%; OKB increased by 625%; KUCoin’s KCS ranked third with a 346% increase. (AMBCrypto)
Ethereum developer Virgil Griffith was arrested last month on suspicion of helping North Korea learn more about blockchain and cryptocurrencies. The U.S. Attorney's Office denied the bail request on the grounds that Griffith's text messages to his parents involved renunciating his U.S. citizenship and opening a money laundering business in North Korea. (The Block Crypto)
Blockchain industry
Blockchain industry
Wei Kai of the China Academy of Communications: The Academy of Communications has accelerated the development of blockchain standards, and 19 special groups have been established so far
On December 28, Wei Kai, deputy director of the Cloud Computing and Big Data Research Institute of the China Academy of Information and Communications Technology, said that the blockchain is known as a "trusted machine." The China Academy of Communications has taken the lead in implementing the "Trusted Blockchain Promotion Plan" for the healthy development of the industry. At present, 19 special groups have been established in supply chain finance, judicial certificate storage, traceability, insurance, etc., and 345 domestic and foreign member units have been absorbed. (China Securities Journal)
The Football Association of England is partnering with AlphaWallet to try to use blockchain technology to sell tickets for next year's European Football Championship. It is claimed that as many as 20,000 VIP tickets for Euro 2020 will be tokenized on the Ethereum blockchain. (The Merkle)
global policy
global policy
Beijing Securities Regulatory Bureau: Resolutely crack down on digital currency zero-interest lending, dual-currency wealth management and other projects
On December 27, the Beijing Securities Regulatory Bureau issued a risk warning on further preventing "virtual currency" trading activities, "Recently, with the promotion of blockchain technology, some virtual currency trading platforms provide virtual currency trading services for domestic residents, and digital Currency mortgages launched zero-interest loans, dual-currency wealth management and other projects." "Seriously warn institutions and personnel in Beijing who carry out related activities not to promote related virtual currency projects or platforms, and not to conduct virtual currency transactions or disguised transactions to investors." (China Securities Commission website)
South Korea's central bank to set up a central bank digital currency (CBDC) research task force
The Bank of Korea announced on Friday that it will create a task force dedicated to research on central bank digital currencies (CBDC) to better understand crypto assets. However, this does not mean that the Bank of Korea will launch a digital currency anytime soon. A central bank spokesperson clarified: “We just plan to strengthen research on CBDC.” (Korea Times)
UN Secretary-General: UN must embrace blockchain
United Nations Secretary-General António Guterres said, "The United Nations must embrace the blockchain. In order for the United Nations to better perform its duties in the digital age, we need to adopt technologies such as blockchain to accelerate the achievement of sustainable development goals." (Forbes )
Japan’s financial regulator, the Financial Services Agency (FSA), said in a reply to a public message that virtual currency ETFs cannot be created and sold in Japan. It is reported that on September 30, the FSA announced the amendments to the “Comprehensive Supervision Guidelines for Financial Instrument Business Operators” and sought public comments. (Jp. Cointelegraph)
Character·Voice
Character·Voice
Report: One-Third of Large Companies in Germany Think Blockchain Technology as Revolutionary as the Internet
According to a survey conducted by the German Federal Association for Information Technology, Telecommunications and New Media, one-third of large companies in Germany believe that blockchain technology is as revolutionary as the Internet, and about 15 percent of companies nationwide believe that blockchain technology is as revolutionary as the Internet. Blockchain will change society and economy in some way. (Crypto Daily)
Swiss President: Libra Needs Redesign to Get Approved
Swiss Finance Minister and outgoing president Ueli Maurer said the Libra project has failed in its current form and needs to be redesigned to be approved. "Libra has no chance in its current state because central banks will not accept a basket of currencies to back it." (Reuters)
Lawyer Says Selling Bitcoin Is a Fraud
