1/6 Afternoon Briefing: Protocol Economy, KOSPI 3000, Cryptocurrency Income Tax, etc.

Reporter Jeong In-sun

‘Cash at once’ scattered card points

The Financial Services Commission announced that from 11 am on the 5th, it was possible to withdraw by transferring all credit card companies’ points at once through the Credit Finance Association point integrated inquiry/account transfer app or the KFTC’s account info app.

The first 3,000 KOSPI breakthrough… Donghak ant wrote a new history

The KOSPI index, the comprehensive stock price of the securities market (KOSPI market) representing the domestic stock market, exceeded the 3000 line for the first time on the morning of the 6th. The record was set in 13 years and 5 months after the first crossing of the 2000 line in July 2007.

[시황] Bitcoin spot volume all-time high, hot Ether futures

  • As of 9:30 this morning, bitcoins traded for about $33,664 each. That’s a 3.6% increase in 24 hours.
  • In the last 24 hours, Bitcoin has been priced between $29948 and $34,353.
  • On the hourly price chart, the bitcoin price exceeded the 10-hour and 50-hour moving averages.

Planetarium (Nine Corporation) attracts 2.1 billion won Series A investment

Planetarium (corporation name Nine Corporation), an open source blockchain game engine developer, announced on the 6th that it has attracted 2.1 billion won worth of Series A investment. Participated.

JP Morgan “In the long term, Bitcoin exceeds 100 million won”

JPMorgan, an investment bank in the United States, has set a long-term target price for Bitcoin at $146,000 (about 160 million won), Bloomberg News reported. The goal is to predict that Bitcoin will become an alternative asset to gold.

Bitcoin tax, the government will walk like this from 2022

  1. From January 1, 2022, 20% of the annual cryptocurrency investment income exceeding 2.5 million won must be paid as other income tax.
  2. The acquisition price of cryptocurrency held before January 1, 2022 is calculated as the higher of the market price and actual acquisition price at December 31, 2021.
  3. The market price of virtual assets as of December 31, 2021 is determined by the average of the prices disclosed by the exchanges at 00:00 on January 1, 2022.
  4. For the market price of unlisted cryptocurrency in Korea, refer to CoinMarket Cap.
  5. Domestic residents pay income tax once a year, every May. Non-residents are withheld by the exchange.
  6. The exchange must submit quarterly and yearly transaction details of users to the government from January 1, 2022.
  7. If the transaction profit is not reported, you must pay a penalty tax

CoinDesk acquires cryptocurrency data company TradeBlock

CoinDesk, a cryptocurrency specialist, announced on the 5th that it has acquired TradeBlock, a global cryptocurrency index provider. CoinDesk announced that it was able to provide fast cryptocurrency news, information and data by acquiring TradeBlock at a time when financial institutions’ interest and investment in the rapidly growing cryptocurrency market is exploding.

Minister Park Young-seon “Protocol Economy Requires Cryptocurrency”

Minister of SMEs and Startups Park Young-sun has been a preacher of the’protocol economy’ since last November. He introduced the term several times on his Facebook page, and was included in the core task of the mid-term this year. Minister Park on the 4th <코인데스크코리아>And argued that the protocol economy could compensate for the monopoly of the platform economy.

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