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Crypto News of the day - Crypto Mining won't be taxed in Kazakhstan

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⛏️ Kazakhstan Won't Tax Crypto Mining

Kazakhstan’s lawmakers won’t be taxing cryptocurrency mining until the mined crypto is exchanged for fiat money, according to local report.

However, crypto mining will still be deemed entrepreneurial activity, and therefore, taxable in cases when entities offer services to use their hardware.

According to the same report, Kazakhstan's lawmakers have finalized a draft law on crypto taxation.

💳 BitFlyer Europe users can now buy crypto with credit cards

BitFlyer's European unit has announced that it has added an “Instant Buy” to allow users to buy crypto with credit and debit cards.

“By making it similar to that of a traditional e-commerce experience, we are helping bringing cryptocurrency to a mainstream audience,” said Andy Bryant, co-head and COO of BitFlyer Europe.

The exchange also recently launched a mobile app, allowing trading of bitcoin BTC, ETH, LTC, BCH, ETC, MONA and LSK.

📱 HTC’s Binance edition smartphone going on sale soon!

The Binance edition blockchain smartphone, introduced last month, is going on sale tomorrow on HTC’s EXODUS website.

The smartphone, dubbed HTC EXODUS 1 - Binance, retails for US$599 or SG$889.

Binance is also giving 500 purchasers an “early adopter” bonus of US$100 in BNB, on a first-come, first-served basis, per the announcement.

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