NewsFlash 3

Newsflash of January 22, 2020

Market Cap at 2:25 (UTC) – $239,480,588,783 billion

Bitcoin dominance: 65.7 %

BTC $8,664.22 (+0.03%)

ETH $167.29 (-0.87%)

XRP $0.235616 (-0.51%)

Korea to tax 20% on crypto income

Tax

According to The Korea Times, the Ministry of Economy and Finance of South Korea asked its income tax agency to examine its taxation plan for crypto. Moreover, a government official said that the government may impose a 20% tax on crypto. However, it is unclear when the finance ministry will finalize its plan.

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