China Passes Law Protecting Cryptocurrency Inheritance

China Passes Law Protecting Cryptocurrency Inheritance

China has passed the country’s long-awaited civil code which expands the scope of inheritance rights to include cryptocurrency, such as bitcoin. Inherited cryptocurrencies will be protected under the new law. Meanwhile, several Chinese courts have recently ruled that...
Bitcoin Fees Fall 60% While Transaction Count Declines

Bitcoin Fees Fall 60% While Transaction Count Declines

Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased.According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to...
Hyperbitconization at the Third Halving – Bitcoin Magazine

Hyperbitconization at the Third Halving – Bitcoin Magazine

Though the applications and adoption rate have a long way to go if Bitcoin is going to achieve its maximum potential, the third-ever subsidy Halving was an opportunity for Bitcoiners to celebrate its more than 11 years of life. In addition to hosting technical...
South Korea to Start Taxing Bitcoin Profits in 2021

South Korea to Start Taxing Bitcoin Profits in 2021

South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports.The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament.South...