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S. Korea Considering Imposing 20 pct Tax on Cryptocurrencies

S. Korea Considering Imposing 20 pct Tax on Cryptocurrencies

SEJONG, Jan. 20 (Korea Bizwire) — South Korea’s finance ministry has been considering imposing a 20 percent tax on income from cryptocurrency transactions, officials said Monday. The Ministry of Economy and Finance has recently ordered its office of income tax to review a taxation plan for cryptocurrencies, according to officials. Previously, the ministry’s office of [...]

S. Korea Imposes US$69.2 mln in Withholding Tax on Bithumb

S. Korea Imposes US$69.2 mln in Withholding Tax on Bithumb

SEOUL, Dec. 30 (Korea Bizwire) — South Korea’s tax agency has imposed 80.3 billion won (US$69.2 million) in withholding tax on Bithumb Korea, according to the largest shareholder of Bithumb Holdings. Vidente Co., the largest shareholder of Bithumb Holdings, said in a regulatory filing on Friday that it confirmed the decision by the National Tax [...]

OKEx Expands into USDT Futures Trading

OKEx Expands into USDT Futures Trading

VALLETTA, Malta, Nov. 5 (Korea Bizwire) – OKEx, the world’s largest futures cryptocurrency exchange, today announced the launch of USDT Futures Trading, a linear futures contract. Served as a virtual derivative product that is quoted and settled in USDT, each contract has a face value of a fixed amount of digital tokens. Traders can long or [...]

Best ROI in Home Cryptocurrency Mining with BitHarp

Best ROI in Home Cryptocurrency Mining with BitHarp

WELLINGTON, New Zealand, Sept. 26 (Korea Bizwire) — BitHarp Group Limited ( www.BitHarp.com ), an experienced manufacturer of crypto mining hardware, is now a favorite name amongst individuals interested in profitable crypto mining from the comforts of their home. The company’s recently launched products Lyre Miner and Harp Miner have initiated a new age in cryptocurrency mining, [...]

BitHarp Mining Rigs Fast ROI and Easy to Use

BitHarp Mining Rigs Fast ROI and Easy to Use

OTTAWA, Sept. 20 (Korea Bizwire) — Lyre Miner and Harp Miner, two recently released cryptocurrency mining rigs from www.BitHarp.com (BitHarp Group Limited), are quickly turning out to be gamechangers in the global crypto market. Within their short lifespan, these two products have shown promises of revolutionizing this thriving industry by offering superfast ROI for seasoned [...]

CryptoCurrency Mining Rigs with ROI in One Month Released

CryptoCurrency Mining Rigs with ROI in One Month Released

WELLINGTON, New Zealand, Sept. 17 (Korea Bizwire) — Lyre Miner and Harp Miner, two crypto mining rigs launched recently by www.BitHarp.com, have opened up excellent investment opportunities for all types of investors. Unlike most other similar products available in the market, these two mining rigs have been specially designed and configured to let the beginners [...]

BitHarp Launches the Most Profitable Mining Rigs in the Market

BitHarp Launches the Most Profitable Mining Rigs in the Market

WELLINGTON, New Zealand, Sept. 12 (Korea Bizwire) — A distinguished manufacturer of cryptocurrencies, BitHarp Group Limited www.BitHarp.com is delighted to announce the launch of two new high-performance liquid mining rigs capable of delivering excellent usage capabilities and unprecedented profit making potential. With high hash rate and low power consumption, the two rigs named Lyre Miner [...]

Reports of Suspicious Financial Transactions Jump in S. Korea over Cryptocurrencies

Reports of Suspicious Financial Transactions Jump in S. Korea over Cryptocurrencies

SEOUL, Aug. 19 (Korea Bizwire) — Cases of suspicious financial transactions in South Korea jumped last year, a report showed Monday, in line with the government’s regulations of cryptocurrency trading. A total of 972,320 suspected cases of money laundering or fraud were filed with financial authorities in 2018, up 86.5 percent from a year ago, [...]