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Latest from Nelson Wang
South Korea’s 20% Tax on Crypto Gains Will Take Effect in 2022: Report
NFTs appear to be exempt from the crypto taxes for now because South Korea does not classify them as “virtual assets.”

Twitter Exec Shares ‘Sneak Peek’ of NFT Profile Verification
Users’ avatars would get a check mark similar to the blue check mark given to verified Twitter users.

Fintech App Titan Adds Algorand, Chainlink and Uniswap to Actively Managed Crypto Portfolio
The company believes the three cryptos will outperform others as they become more widely adopted.

FTX Moves Headquarters From Hong Kong to Bahamas
The move comes as regulators around the world are stepping up their scrutiny of cryptocurrencies.

Institutional Investors Preferring Ether Over Bitcoin Now: JPMorgan
The spread between futures prices and spot prices for the two cryptos is telling, analysts wrote.

BlockFi Gets Another Extension From NJ Regulators on New Interest Accounts Ban
An order prohibiting the crypto lender from creating new interest-bearing accounts has now been postponed for the third time to Dec. 1.

Crypto Markets Need More Scrutiny From SEC, Investor Groups Say
The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.

Crypto Hedge Fund Fraudster Sentenced to 7 1/2 Years for Ponzi Scheme: Report
Australian national Stefan Qin bilked investors in his two hedge funds out of $90 million, according to authorities.

Gensler Says Most Crypto Trading Platforms Need to Register With SEC
The SEC chairman said that securities have likely been traded on the platforms.

Bill Miller’s Flagship Fund Discloses $44.7M Stake in Grayscale Bitcoin Trust
The Miller Opportunity Trust has made its first investment in bitcoin after first indicating it could do so back in February.
