South Korea targets crypto taxes with AI system
South Korea’s National Tax Service has recovered 33.9 billion won ($23 million) in unpaid taxes from overseas assets since July 2025, as it intensifies enforcement on crypto and offshore holdings.
South Korea’s National Tax Service has recovered 33.9 billion won ($23 million) in unpaid taxes from overseas assets since July 2025, as it intensifies enforcement on crypto and offshore holdings.
David Marcus announced Grid Global Accounts at Bitcoin 2026 in Las Vegas, introducing a dollar-denominated payment layer built on Bitcoin that connects users to 175 million Visa merchants globally.
The Bank of Korea’s new governor Shin Hyun-song has prioritised central bank digital currencies and tokenised deposits as part of a broader push to modernise the financial system and internationalise the Korean won.
Venture capitalist Tim Draper warned at Bitcoin 2026 in Las Vegas that companies, families, and governments without bitcoin exposure face mounting financial risk as global monetary systems shift.
US President Donald Trump has softened his stance on prediction markets, saying the US risks being “left out in the cold” if it does not engage with the fast-growing sector.
The Blockchain Association has backed a US Federal Reserve proposal to formally remove “reputation risk” from bank supervision, aiming to prevent crypto firms from being denied banking access.
Acting US Attorney General Todd Blanche said the Department of Justice will no longer investigate or charge blockchain developers unless they knowingly assist criminal activity.
Block has launched a proof-of-reserves system allowing users to verify its Bitcoin holdings and balances tied to Cash App and Square directly on-chain.
Elizabeth Warren and Chris Van Hollen have warned that new crypto guidance from the US Securities and Exchange Commission could undermine investor protections across large parts of the market.
Strategy added 3,273 Bitcoin for $255 million between April 20 and 26, continuing its aggressive accumulation strategy as prices held above $77,000.
Users of Robinhood are being targeted by a phishing scam that exploits Gmail’s dot alias feature to send fake security alerts that appear legitimate.
The US Securities and Exchange Commission is seeking public comment on a proposal from NYSE Arca that could change how crypto and commodity ETFs qualify for listing.