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South Korea Weighs Crypto Tax Delay Ahead of January Start

South Korean officials will meet five major crypto exchanges on October 20 to discuss tax readiness. A proposed bill could delay the 22% crypto tax until 2029, pending international data sharing. South Korea’s crypto tax remains scheduled for January 2027 as authorities prepare implementation guidelines. South Korea is reconsidering its...

Revolut Secures New Crypto Authorisation as It Targets International Markets

Revolut gains Gibraltar DLT authorisation as it expands regulated crypto operations across international markets. Fintech company Revolut has secured a cryptocurrency licence in Gibraltar, marking another step in its international digital asset expansion. The GFSC granted the authorisation to Revolut Global Digital Assets Limited (RGDAL), allowing the entity to operate...

Bitcoin Investors Face Hidden Costs as Inflation Keeps Interest Rates Elevated

Rising US inflation is raising concerns about the hidden costs of holding Bitcoin, particularly for investors financing purchases through borrowing. Higher interest rates can reduce investment returns through loan payments, missed interest income, and futures trading costs. Even when Bitcoin maintains its market value, investors may still suffer financial losses...

Bitget Begins One-Time Service Cut for Selected Users

Bitget will cut services for selected users in a one-time move, while maintaining platform operations and assuring customers their funds remain safe. Bitget has announced a one-time measure to terminate services for selected users. Those impacted customers would be given instructions on deadlines, account changes and withdrawal arrangements, the cryptocurrency...

Bitcoin Mining vs. AI Inference: Vitalik Explains the Cost Divide

Bitcoin mining spends 45.9% of estimated costs on electricity, including additional power expenses. AI inference allocates 76% of estimated costs to computing infrastructure per GPU-year. Bitcoin miners are exploring AI data centers to diversify revenue using existing power infrastructure. Ethereum co-founder Vitalik Buterin has highlighted a major difference between Bitcoin...