[아주경제 코이너스 브리핑] The National Tax Service, secured 33.6 billion won in cryptocurrency for large delinquent payments, etc.

The National Tax Service announced that it collected and analyzed data on the virtual asset holdings of delinquents from virtual asset exchanges and collected 36.6 billion won in cash or secured bonds for 2416 high-payers who concealed their assets using virtual assets such as bitcoin.

It is the first government ministry to collect compulsory tax on arrears who concealed their assets as virtual assets.

The IRS seized the withdrawal claim or refund claim that the owner had against the exchange, not the virtual asset itself. As a result, delinquents who were unable to convert cryptocurrency into cash either paid arrears in cash or dispose of cryptocurrencies to pay back taxes to resolve the foreclosure.

The National Tax Service also requested active reporting on hidden property of large arrears. Reporters who contributed to the collection of arrears tax by reporting hidden property of arrears are rewarded up to 2 billion won by applying a payment rate of 5-20% depending on the amount collected.

▲ Bitcoin fell 6% compared to the previous day due to bad news from India

While India is pushing for the world’s first law to illegalize both trading and holding of cryptocurrencies such as bitcoin, the price of bitcoin plummeted.

According to CoinMarketCap, which averages the market prices of major exchanges, as of 10:20 pm on the 15th, the bitcoin price is trading at $57,722, which is more than 6% lower than the previous day. It exceeded $62,000 during the week, but fell on news of the Indian government’s legislation.

On the day, Reuters reported that the Indian government is preparing a bill that bans cryptocurrencies and imposes fines by making cryptocurrency issuance, mining, and transactions illegal.

The bill stated that the government would give cryptocurrency holders a disposition period of up to six months, and then fined them for holding only.

▲ Blockchain service company Lambda 256 attracts 10 billion won investment

Lambda 256, a blockchain-specialized subsidiary of Dunamu, announced on the 15th that it has attracted an additional investment of 10 billion won. With this, Lambda 256 has completed the series A investment attraction with a total follow-up investment of 17 billion won.

Lambda 256 plans to accelerate overseas expansion, manpower acquisition, and additional service development based on the accumulated investment. The company aims to speed up the entry into the blockchain industry in Southeast Asia, including Indonesia and Thailand, starting with Singapore within this year.

As the interest in cryptocurrency trading services in the market has increased recently, Lambda 256 will also introduce a blockchain-based fintech service that can support the virtual asset business of e-commerce companies and financial sectors.

▲ India promotes the world’s first virtual currency ban

Reuters reported on the 15th (local time) that the Indian government is pushing ahead with a bill that completely prohibits the holding of virtual currency, issuance, mining, and transfer of transactions. If the bill is promoted, fines will be imposed for holding virtual currency.

This measure is in line with the Indian government’s ban on private cryptocurrency, which was unveiled in January. It is reported that the Indian government plans to issue digital currency through the Indian central bank instead of banning private cryptocurrencies.

Reuters said that if the law is passed, India will become the world’s first country to make the holding of virtual currency illegal. China also bans cryptocurrency mining and trading, but does not restrict what it has.

Sources from the Indian government predicted the possibility of passing the virtual currency ban as the Indian government occupies a large number of seats in the parliament.