Feb 22: Cryptocurrency Airdrops

From this article you will learn which cryptocurrency airdrops will occur on February 22 of 2018
22 February 2018   936

A​ ​crypto airdrop​ ​is​ ​when​ ​a​ ​blockchain project distributes ​free​ ​tokens or​ ​coins ​to​ ​the​ crypto ​community. To​ ​get ​airdrop often​ ​the​ ​only​ ​requirement​ ​is​ ​that​ ​you​ ​have​ ​coins from the relevant blockchain stored​ ​in​ ​your​ ​wallet. These airdrops required to prove you were the owner of cryptocurrency at a certain time (snapshot) of the blockchain.

From this article you will get to know which cryptocurrency airdrops will occur on February 22 of 2018.

Waves BCH airdrop

WAVES, a decentralized blockchain platform focusing on custom blockchain tokens operations, has announced that it is planning to start the BCH airdrop on Thursday, February 22, 2018.

BCH airdropBCH airdrop

How to get it:

  1. You need to generate a waves wallet with letters “B”, “C” and “H” in it, not necessarily in consecutive order;
  2. After that, you transfer your WCT there;
  3. Distribution is sent out to these new addresses proportionally to their WCT holdings;
  4. f the address contains the “B”, “C” and “H” (BCH) letters in the consecutive order the address receives a double payout;

Airdrop FAQ

Our team is continuously updating all the most relevant information regarding all active cryptocurrency airdrops which take place in 2018.

Bithumb Filed Appeal Against Korean Tax Office

Looks like the korean exchange doesn't really want to pay an additional tax worth $67 000 000
16 January 2020   97

The South Korean cryptocurrency exchange Bithumb has filed a complaint against the National Tax Service (NTS) because of the requirement to pay additional taxes for the transactions of its foreign customers.

The company claims that cryptocurrencies do not have an official status in the territory of South Korea, which is why the authorities cannot have sufficient reasons to levy any taxes.

The tax court will have to decide within 90 days whether to retain or withdraw from Bithumb the obligation to pay the $ 69.1 million tax that was assigned to it by NTS in November. The Office declares that the withdrawal of income from accounts in Korean won by foreign residents is a taxable event. It is assumed that the exchange itself had to withhold tax from its foreign customers.

We paid the full amount and have since been preparing for arguments. We believe we will be given a chance to clarify our stance in court.

 

Bithumb

 The ministry has its own position on this issue.

Bitcoin under the current law is not an asset. It is clear and simple. The Ministry of Economy and Finance already made that clear. The NTS pushing ahead with the tax imposition is baseless and groundless, especially since it is still awaiting the ministry opinion on the same matter it sought again.

 

Choi Hwoa-in

Adviser to Financial Supervisory Service

According to the expert, the NTS maneuver is well thought out and aimed at starting to levy a tax on income that is currently not taxable.

We cannot comment on the ongoing matter. We will await the judgment from the Tax Tribunal.

 

NTS

Earlier, Bithumb was ordered to pay an additional $ 67 million in tax.