Bitcoin exchange-traded funds (ETFs)

South Korea Considers Postponing Crypto Taxation for Another 2 Years
Crypto

South Korea Considers Postponing Crypto Taxation for Another 2 Years

South Korea’s ruling party, the People Power Party, is considering postponing the implementation of crypto investment income tax for another two years during the upcoming election campaign in April, according to a local media report. Aligning with the right-wing party’s “taxation after selection fee” principle for virtual assets. Under the principle, the party preserves the […]

Feb. 19, 2024
Bitcoin ETFs Absorb Ten Times More BTC Than Miner Output
Bitcoin

Bitcoin ETFs Absorb Ten Times More BTC Than Miner Output

Bitcoin exchange-traded funds (ETFs) on the spot market scooped 10 times more Bitcoin than was mined on Monday, February 12. Preliminary data indicates that at least $493.4 million, or roughly 10,280 BTC, flowed into spot Bitcoin ETFs as of February 12. This massive inflow illustrates a significant shift in investor sentiment towards the digital asset […]

Feb. 13, 2024