Foreign media "The U.S. National Tax Service Changes Taxable 'Vir…
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Foreign media "The U.S. National Tax Service Changes Taxable 'Virtual Currency' → 'Digital Asset'..."With NFT"
CoinDesk, a media specializing in cryptocurrency, said, "In the draft of the 2022 tax year guidelines recently announced by the U.S. National Tax Service (IRS), the existing 'virtual currency' will be changed to 'digital assets' (digital assets)." "Digital assets refer to all digital values recorded using distributed ledger or similar technology in an encrypted manner," the new guidelines stated. According to this definition, cryptocurrency, stablecoin, NFT, and virtual currency are all included in the taxable category.
Foreign media "The U.S. Senate Agriculture Committee is in talks with SEC on classification of token 'digital products'"
Double Rock, a media specializing in cryptocurrency, reported on the 19th that the U.S. Senate Agricultural Committee is in talks with the U.S. Securities and Exchange Commission (SEC) on how to classify cryptocurrency as a 'digital community' in the recent cryptocurrency regulation bill. According to Double Rock, discussions between the committee and the SEC include a clause that requires SEC approval before the U.S. Commodity Futures Trading Commission (CFTC) defines tokens as "digital products" outside the SEC's jurisdiction to have jurisdiction over cryptocurrency regulations. In this regard, lobbyists familiar with the industry said, "Negotiations between the Agriculture Commission and the SEC continue, and the contents of the bill could be changed depending on the consultations between the two sides of the bill before the end of this year."
Approximately 20 million APT airdrops to 110,000 initial network participants.
Layer 1 Blockchain Aptos (APT), which is being developed mainly by all meta-employees, announced on its official Twitter that it will conduct APT airdrops for early network participants. Aptos incentive testnet participants and ZERO testnet NFT issuers are included in the airdrop target, with a total of 20,086,150 APTs distributed to 110,245 participants. On the 19th, APT will be listed on major exchanges around the world, including Binance and FTX.
U.S. Secretary of State for Homeland Security "North Korea Develops Weapons by Stealing More Than $1 Billion, including Cryptocurrency"
According to Yonhap News Agency, U.S. Homeland Security Secretary Alejandro Mallorcas said North Korea has stolen more than $1 billion (KRW 1.4 trillion) of cryptocurrency over the past two years and used it to develop weapons. In a speech at the Singapore International Cyber Week Summit (SICWS) event on the 18th, he said, "North Korea has funded the WMD program through cyber theft of more than $1 billion in cryptocurrency and hard currency over the past two years alone." "North Korea is committing such cyber-robbery against institutions in each country," he said, stressing that he is rarely punished. Earlier, Chinalis, a cryptocurrency analysis company, estimated that about 60% of this year's cryptocurrency thefts were caused by North Korean-linked hackers.
Justin Sun "China changes policy direction of cryptocurrency industry as early as next month"
Justin Sun, founder of TRX, said in an interview with Bloomberg TV that "China could change its policy direction for the cryptocurrency industry as early as next month." "I'm optimistic about China's cryptocurrency policy," he said. In the next two months or so, China will face major changes in the economy, industry, and I believe that cryptocurrency and blockchain definitely exist. "If the policy direction changes, we hope that Huobi Global will re-enter China," he said. China is currently implementing a strong policy of banning cryptocurrency mining.
