The Ministry of Strategy and Finance of South Korea announced on Monday that hard-forked tokens, staking rewards, and crypto airdrops will be subject to gift tax under the country’s Inheritance ...
Tag: Airdrops
South Korean Finance Ministry Says Airdrops Are Subject to Gift Tax South Korean Finance Ministry Says Airdrops Are Subject to Gift Tax
The Ministry of Strategy and Finance of the South Korean government has said that virtual asset airdrops are subject to gift tax as per existing tax laws. Gift tax has to be paid when free virtual ass...
South Koreans To Pay 10-50% Gift Tax On All Crypto Airdrops – crypto.news
After postponing the implementation of the tax on digital assets, the South Korean government has turned its attention to crypto airdrops. The South Korean authority has decided to impose a gift tax o...
South Korea to Impose 10-50% Gift Tax on Crypto Airdrops
The Ministry of Strategy and Finance of South Korea has announced that crypto airdrops, staking rewards and hard-forked tokens will be subject to gift tax under the nation’s Inheritance and Gift Tax A...
South Korea to Apply Gift Tax to Crypto Airdrops
South Korea has imposed a tax on cryptocurrency airdrops received by citizens. According to local reports, anyone who benefits from a crypto airdrop in South Korea is required to pay a specific amount...
South Koreans To Pay A Hefty Gift Tax On Crypto Airdrops
As the use of crypto assets increases, different jurisdictions create laws to govern their applications and controls. Some rules are connected to various aspects, with regulations and taxation taking ...
South Korea mulls gift tax on airdrops, staking rewards, and hard-forked tokens
Despite postponing crypto gains tax to 2025, the South Korean Ministry of Strategy and Finance has today declared that virtual asset airdrops, hard forked tokens, and staking rewards will be subject t...
South Korea may levy up to 50% ‘gift tax’ on crypto airdrops under current law
South Korean officials have interpreted existing laws to mean crypto airdrops may be subject to “gift tax,” according to local media outlet Yonhap News Agency (YNA). Officials at the Ministry of Strat...
S. Korea mulls ‘gift tax’ for airdrops
The South Korean Ministry of Strategy and Finance on Monday cleared that virtual asset airdrops, staking rewards and hard forked tokens would be subject to a gift tax under the Inheritance and Gift Ta...
South Korea to Impose 10–50% Gift Tax on Crypto Airdrops
The South Korean government will impose a gift tax on crypto airdrops, with the tax rate ranging from 10 to 50%. Regulators will examine the airdrops on a case-by-case basis. South Korea’s government ...
South Koreans Will Have to Pay A Heavy Gift Tax on Crypto Airdrops
As per the latest reports, the Ministry of Strategy and Finance is looking to introduce a new gift tax on airdrops for crypto assets. Earlier today, August 22, the ministry was responding to a tax law...
Ethereum Airdrops Incredible Increase NFTs Bullishness: Crypto Analyst
On August 6th, 2022, a pseudonymous trader known as Kaleo went on to Twitter explaining his bullish take on Ethereum (ETH) and Non-fungible Tokens (NFTs). The crypto analyst said the potential of Ethe...
Top Free Crypto Airdrops for August 2022
August has arrived, bringing along quite a line-up of free crypto airdrops. Evolution is on full display with novel start-ups, from game finance all the way to decentralized finance or the metaverse. ...
StarkWare confirms launch of StarkNet Token — with no airdrops until next year
Ethereum scaling solution StarkWare said today it intends to launch a governance token called StarkNet Token, confirming recent speculation promoted by Three Arrows Capital founder Zhu Su. StarkWare i...
How to earn crypto passive income with forks and airdrops?
When cryptocurrencies like Bitcoin (BTC) go through bear phases like the one we currently find ourselves in, the idea of earning passive income from one’s holdings becomes all the more attractive for ...
Top Crypto Airdrops You Should Look Out for in July 2022
July is upon us, bringing along quite the lineup of top crypto airdrops. Innovation is on full display with innovative startups from gaming finance to decentralized finance, the metaverse, and everyth...
Best NFT Airdrops and Giveaways for July
One way of increasing popularity is by NFT airdrops and NFT giveaways. An airdrop is whereby free NFTs are issued to specific web 3.0-based wallets because of either active participation in a crypto t...
Hop Protocol Airdrops Over 20M Governance Tokens
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Optimism community proposal seeks to ban OP dumpers from future airdrops
? Want to work with us? CryptoSlate is hiring for a handful of positions! Optimism community member 0xJohn has submitted a proposal to prevent anyone who sold the initial Optimism airdrop tokens from ...
Optimism Community Discusses Excluding Token Sellers From Future Airdrops
Key Takeaways A proposal to exclude initial Optimism airdrop sellers from future airdrops has provoked controversy on the Optimism Governance Forum. In response, crypto personality Cobie argued that a...
Optimism airdrops token amid high demand and drama
? Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum layer-2 solution, Optimism, has airdropped its OP governance token to around 249,000 wallets in the early hours of Ju...
Ethereum Scaling Solution Optimism Airdrops Tokens to 249K Wallets
In brief Optimism, an Ethereum scaling solution, has launched the airdrop for its OP governance token. Nearly 249,000 wallets from early Optimism users and select Ethereum users are eligible to claim ...
Top Crypto Airdrops You Should Look Out for in June 2022
June is just a hair’s breadth away, which means there is a swath of top crypto airdrops you should look out for before they are shuffled off the exchanges. Still, deciding what to go for this month? D...
Terra 2.0 launches as old LUNA and UST holders receive airdrops
The Terra LUNA token and the UST stablecoin collapsed earlier this month, leading to Terraform Labs proposing the creation of a new blockchain. This new blockchain dubbed Terra 2.0 was launched on May...
City of Shenzhen airdrops 30M in free digital yuan to stimulate consumer spending
According to local news outlet Shanghai Securities News, the city of Shenzhen will airdrop 30 million digital Chinese yuan (e-CNY) to local residents in an attempt to revitalize consumer spending. Th...
Terra 2.0 is Almost Here & It Brings LUNA Airdrops for Users
Terra is set to release its updated network, Terra 2.0. Terra will accommodate this update with a new native staking token as a community-owned venture. As Proposal 1623 prescribes, the new token, cal...
The Giro d’Italia on ItaliaNFT: jerseys, trophies and airdrops
ItaliaNFT, the Made in Italy Non-Fungible Token marketplace, has opened a page dedicated to exclusive Giro d’Italia drops a few days ago. The collection of the four jerseys of the Pink Race (the lege...
Best NFT Airdrops and Giveaways for June
Cryptocurrencies are part of blockchain projects that serve different use cases. For example, crypto worth is based on how many people are willing to invest in them. In that case, many new crypto proj...
Top Crypto Airdrops You Should Look Out for in May 2022
May is here, and a new opportunity has come, and so do the top crypto airdrops. If you are looking for a fresh crop of tokens to add to your growing portfolio or breakout tokens to acquire at a discou...
L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’ – Bitcoin News
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism ...