South Korea's main right-wing People's Power Party (PPP) officially announced on Friday that it will push a new bill aimed at boosting the development of the local crypto asset industry. According to local news agency Newsis, former ruling party policy chief Kim Sang-hoon said at a conference that the country needs to end the "era of uncertainty and regulation" and usher in the era of digital asset promotion. According to reports, Kim Sang-hoon said: "Due to the government's anti-money launderin...
On January 19, according to Israeli media reports on the 19th, Israel's Minister of National Security Itamar Ben-Gweil announced that his Jewish Power Party will withdraw from the coalition government led by Prime Minister Benjamin Netanyahu. Ben-Gweil also addressed another Israeli far-right official, the leader of the Religious Zionist Party, and the Minister of Finance, Smotrih, calling on Smotrih to join him in opposing this "surrender agreement." In late 2022, with the support of the far-ri...
U.K. Finance Minister Rachel Reeves on Wednesday announced her party's first U.K. budget in more than a decade. According to Suzanne Morsfield, policy advisor at trade association CryptoUK, she said the prospect of Reeves raising capital gains tax above 28 percent would hit around 5 million U.K. cryptocurrency holders particularly hard. Capital gains tax refers to gains made from investments in assets such as stocks or real estate, and it affects very few people in the UK. However, Morsfie...