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Aadrika Sharma

South Korea Suspends 20% Tax Until 2025

South Korea Suspends 20% Tax Until 2025

Key Takeaways: The anticipated taxes on cryptocurrency revenues in South Korea will not go into effect for another two years. The first proposal to impose an additional 20% tax on cryptocurrency gains surpassing KRW 2.5 million (US$1,900) over the course…

French Banking Giant Bnp Enters Crypto Custody Realm

French Banking Giant BNP Enters Crypto Custody Realm

Key Takeaways: BNP Paribas is collaborating with Swiss cryptocurrency infrastructure company Metaco in an effort to transition to cryptocurrency custody. The French lender’s custodian business, BNP Paribas Securities Services, is in charge of more than $13 trillion in assets. What…

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