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Mixue shares extend slide after profit drop as ice cream-and-tea chain sees costs rise

Mixue shares extended losses after the Chinese ice cream and tea giant reported lower first-half profit despite higher revenue.

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Korean Exporters to Receive Stablecoin Payments, Settle in Won

A new business-to-business (B2B) payment system is being developed to allow overseas buyers to pay Korean exporters in stablecoins, with the proceeds settled in won.

  • Korean exporters to receive stablecoin payments, settle in won.
  • BDACS and Cheongguseu jointly develop B2B payment system.
  • System aims to streamline cross-border payments, reduce fees.

22% Crypto Tax Nears, Valuation and Fairness Issues Remain

An investor who earns 10 million won ($7,256) in net gains from cryptocurrency investments could face a tax bill of 1.65 million won under the tax system set to take effect on Jan. 1 next year.

  • 22% cryptocurrency tax set to begin on January 1st
  • Valuation and fairness concerns raised by implementation confusion
  • Government developing 3-billion-won tax calculation system

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