1️⃣ South Korean authorities plan to charge tax on crypto airdrops and other blockchain based token giveaways. Any airdrop will be treated as a gift, users will have to pay 10%-50% in taxes.
2️⃣ PayPal mobile app now allows users to buy, transfer and sell cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum & Litecoin.
3️⃣ ‘On The Run’, a major Australian gas station chain, now accepts cryptocurrency payments at all 175 locations nationwide in partnership with Crypto com and DataMesh.
Have a nice week and stay tuned next Monday to learn and discuss crypto news with SimpleSwap! 💙