Report as a virtual asset business operator, you can do this
According to the revised bill of the Special Money Act, in order to conduct business using cryptocurrencies such as cryptocurrency exchanges and wallet services, virtual asset business owners must receive report and repair. Representative requirements for reporting and repair of virtual asset business operators include △Information Security Management System Certification (ISMS) △Real Name Confirmation Deposit and Withdrawal Account (Real Name Account) △Qualification Requirements for Representatives and Executives.
Domestic cryptocurrency exchanges prepare for the final stage of VASP report
On the 17th, the Financial Services Commission and the Financial Supervisory Service announced an amendment to the Act on the Use and Reporting of Specific Financial Transaction Information (Special Law) and released a manual to report on Virtual Asset Business (VASP), while domestic cryptocurrency exchanges reported VASP It is in the midst of preparing for the last minute.
Why is CME Ethereum Futures Listing Important?
On the 8th, when futures trading began on the Chicago Merchandise Exchange (CME), the Ethereum February opening price was $1669.75. At the same time, the spot price of Ethereum was around $1,600. As of the 18th, less than two weeks later, the opening price for February has risen to $1747.75 and the spot price of Ether has exceeded $1,800. Ether futures’ first weekly trading volume exceeded $160 million.
Russia promotes cryptocurrency taxation
The State Duma, a member of the Russian House of Representatives, said in a statement on the 17th that the draft law on the taxation of cryptocurrency proposed by the Russian Federation government has passed.
For cryptocurrency taxation, if the annual cryptocurrency transaction volume exceeds 600,000 rubles (approximately 88,000 won), the transaction details must be submitted to the tax authorities.
‘Coinbase business value estimated at $77 billion’
According to two sources familiar with the secondary market trading situation, Coinbase shares trade at around $303 each on the NASDAQ private market. This implies that Coinbase’s total corporate value is about $77 billion. This is higher than the corporate value of InterContinental Exchange (ICE), which owns the New York Stock Exchange (NYSE).
Nasdaq-listed miner manufacturer to mine BTC directly
Chinese mining company Ebang announced on the 18th that it would operate a mining business through a press release. It will borrow computing power from other mining farms, using equipment from other companies as well as its own equipment.
Short news
Gopax ranked first in Korea’s first cryptocom fair evaluation this year
According to CryptoCompare’s February exchange evaluation on the 18th, Gopax ranked first among domestic exchanges (18th in the world). Gopax was the only Korean exchange to receive a comprehensive A grade in this evaluation. It scored a total of 69.23 points, and among the detailed items, it received high scores in market quality (Market Quality, 13.9 points), data provision (11.9 points), and customer identification (KYC, 11.4 points).
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