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IN FAVOR OF CONSUMER PROTECTIONS SOUTH KOREA'S NEW PRESIDENT DELAYS CRYPTO TAXES

In favor of consumer protections South Korea's new president delays crypto taxes

South Korea's newly-elected president, Yoon Seok-yeol, declared on Tuesday that he would compel the country's tax authorities to withhold taxes on South Korea crypto tax investment choice gains at the very least until a new set of regulations called the Digital Asset Essential Act is passed.South Korea's cryptocurrency tax was originally scheduled to take effect in 2022, but it was postponed to the fiscal year 2023 in Decem

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AS MORE RUSSIANS START CRYPTO MINING, ELECTRICITY CONSUMPTION ESCALATES IN IRKUTSK.

As more Russians start crypto mining, electricity consumption escalates in Irkutsk.

Cryptocurrency is the most significant turnaround of the 21 st century. Everybody wants to be a part of it. Crypto mining is the start to all of it. Over the past year, electricity suppliers in the Russian province of Irkutsk have witnessed a massive surge in power usage. The residents are blaming crypto mining companies. The power consumption has increased fourfold. The planes carrying crypto mining equipment from China

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