South Korea Finance Minister: Taxing Cryptocurrency Gains is ‘Inevitable’ Starting Jan 2022

On Tuesday, Hong Nam-Ki, South Korea’s finance minister, stated that the government is on course with the proposal to introduce capital gains tax on crypto trading starting next year. “It’s inevitable, we will need to impose taxes on gains from trading of virtual assets,” Hong stated during a news conference on Tuesday. Hong’s answer came […]

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BadgerDAO & RenVM Launch A ‘Bridge’ to Bring Bitcoin to Ethereum in ‘One Click’

Bitcoin-focused DeFi platform, BadgerDAO announced its partnership with RenVM, an open cross-chain solution, to bring Bitcoin to Ethereum via a Badger Bridge. The bridge will ease users’ yield earning activities while offering instant transactions all in “a few short clicks.” It will be accessible through the Badger app to build a one-stop shop for Bitcoiners […]

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WSB Goes Global as Retail Investors Dominate South Korea’s Stock Market

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. South Koreans don’t like financial speculation. This ranges from the stock market to the crypto space. As an ethnically homogenous nation, this leads to cohesion that opened the road to a short-selling ban, while […]

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Binance To List Microsoft (MSFT), Apple (AAPL), MicroStrategy (MSTR) as Tokenized Stocks

Major cryptocurrency exchange Binance plans to tokenize more stocks on its platform. New Stock Tokens Coming To Binance The exchange said it would list Microstrategy (MSTR), Apple (AAPL), and Microsoft (MSFT) stocks as tokenized tokens, per a notice posted on its website. This follows the earlier listing of Coinbase and Tesla tradeable tokens listed earlier […]

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