| Mobile Web

Search results for Consensus

Crypto

People Power Party to review timing of digital asset tax amid fairness issues after financial investment tax repeal

South Korea\'s People Power Party said it will re-examine the current digital asset tax framework, including the planned start in January 2027. It cited difficulty in accurately identifying investors\' acquisition costs and gains due to trading via overseas exchanges and personal wallets. The party also raised concerns about tax fairness between digital assets and stocks after the financial investment income tax was abolished. It called for clearer rules for staking and DeFi and alignment with the Digital Asset Basic Act under discussion in parliament.

Crypto

Quantum computing threatens bitcoin, VanEck says solution exists even if slow

Bitcoin could be exposed to threats from quantum computing, but its community is already preparing responses, an assessment said. VanEck digital assets research head Matthew Sigel said bitcoin\'s decentralised structure could slow action, but technical solutions are being discussed. Industry concerns focus on whether future quantum computers could break bitcoin\'s cryptography, though none can do so now. Developers are testing quantum-resistant signatures, while Coinbase, Blockstream and a new security consortium are developing and backing proposals.

AI & Enterprise

King Charles III warns AI could threaten lives if not controlled

Britain\'s King Charles III met AI industry leaders in Scotland and urged them to use artificial intelligence for humanity while developing controls. He described AI\'s rapid progress as both exciting and deeply worrying, warning it could develop darker capabilities and even take lives if misused. The meeting discussed whether companies and governments could set shared guiding principles, but produced no binding agreement.