All Posts

Japanese Lawmakers Propose Tax System Changes to Encourage Cryptocurrencies

Japan has been actively seeking ways to simplify the current tax filing system for cryptocurrencies in order to ensure investors accurately report their gains, as per a Coindesk report. A representative of Japanese Political Party Nippon Ishin, Takeshi Fujimaki announced that they want to change the virtual currency taxation system to promote the wider penetration of virtual currency into society…

Read more

South Korea’s Shinhan Bank Introduces Blockchain-backed Services

Shinhan, one of the largest banks in South Korea has declared that it has devotedly commenced accepting blockchain technology in its products and services. It also confirmed that it has already offered blockchain education and consulting to its 400 employees. Shinhan is now, all set to start marketing blockchain-powered services. The bank confirmed that it began blockchain-fueled IRS (Interest Rate…

Read more

Fast Food Chains Now Accepting Cryptocurrencies

Foodies in the socialist South American country, Venezuela, now have the option of paying in cryptocurrency. The Venezuelan KFC chain has started accepting payments in cryptocurrency Dash from this week. KFC is the latest fast-food chain to accept cryptocurrency, joining the likes of Subway and Papa John’s pizza chain. According to CNN, the co-founder of Dash Merchant Venezuela and Dash…

Read more