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South Korea Exempts Taxes On Crypto Profits, Google Deletes Then Restores Metamask and More
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SHOW NOTES
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►Bitcoin Cash House Ghana is opening soon
The new West African Bitcoin Cash House is set to open its doors in the next few weeks. Mohammed Mustapha Yakubu, who is also head of the Students for Liberty Ghana, is volunteering his time to be the House’s representative.
LINK: https://read.cash/@Koush/intro-bitcoin-cash-house-ghana-fed8b06f
►Tor-Integrated Cashfusion is coming to Bitcoin Cash
Electron Cash developer Jonald Fyookball has recently revealed that Tor integration is currently in the works for the Cashfusion protocol. CashShuffle is currently the most popular Bitcoin Cash coin mixing protocol, but it can be improved so that users can combined multiple “inputs”, or individual amounts of BCH, in a single CoinJoin transaction. That’s where CashFusion comes in.
LINK: https://news.bitcoin.com/a-tor-integrated-cashfusion-build-for-bitcoin-cash-is-coming/
SOURCE: https://stats.devzero.be/#/
►Google restores Metamask-app for Android devices
Metamask, one of the most popular Ethereum wallet applications, was removed from the google play store last week. The reason cited was that google bans apps that mine cryptocurrency on users’ phones, even though Metamask does not mine.
LINK: https://news.bitcoin.com/google-restores-metamask-app-after-community-uproar/
SOURCE: https://news.bitcoin.com/google-bans-crypto-app-metamask-from-play-store/
►South Korea exempts taxes on cryptocurrency profits
South Korea’s s Ministry of Economy and Finance has clarified that individual investors’ crypto trading profits cannot be taxed under the current tax law.
Their announcement stated that “Profits from individual virtual asset transactions are not listed income and are not taxable.”
LINK: https://news.bitcoin.com/government-confirms-crypto-profits-not-taxable-in-south-korea/
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