Tag Archives: blockchain

South Korea's blockchain firms get tax relief

[ad_2][ad_1] The Government of South Korea has added blockchain to the list of sectors eligible for the country's research and development (R & D) tax credit. The Ministry of Strategy and Finance announced the proposed blockchain tax credit as part of a decree implementing the 2018 tax law, which will …

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South Korea supports blockchain with tax credit

[ad_2][ad_1] Blockchain, Cryptocurrency-South Korea continued its progressive position towards the cryptocurrency and innovation it offers for the fintech by providing tax incentives for the development of blockchain. Despite the cryptic markets entering their twelfth month of a bear cycle, with the price of Bitcoin slipping below $ 4000 after rallying …

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Communist China moved to restrict the use of Blockchain technology

[ad_2][ad_1] On January 10th, Chinese cybernetics administration announced regulations to manage blockchain technology, requiring registration of real names and identifications. After it entered into force on February 15th, the violation of the rules is punishable by fines or prison. The Chinese authorities have increased the control and imposition of laws …

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