The Korean National Tax Service is accelerating the construction of digital asset regulatory tools to implement a cryptocurrency tax system. The plan includes developing an analytics platform to monitor trading behavior, with the project expected to go live by the end of 2023. Cryptocurrency trading gains will be included in personal income tax starting in 2027, and failure to report may result in fines. The new system will strengthen oversight of individual transactions and derivatives to ensure tax compliance.

Base Build announced on March 13 that it will launch new Base.dev foundational components aimed at simplifying the building, management, and showcase of applications, covering three major features: metadata, notifications, and distribution. The metadata feature will go live in mid-March, while notifications and distribution features are scheduled to launch on April 9, at which time Base App will discontinue using the Farcaster specification.

Gate News bot message, according to the official Gate announcement on March 12, 2026 Gate launches the GUSD Minting New User Limited-Time Reward Phase 8. New users who mint GUSD using USDT/USDC can earn annualized returns of up to 100%. The event runs from 16:00 on March 12, 2026, to 16:00 on March 26, 2026 (UTC+8). Users can mint daily, receiving GUSD at a 1:1 exchange rate, with earnings starting to accrue from the day after purchase. GUSD is a flexible principal-protected financial product launched by Gate. Its returns come from Gate's ecosystem revenue, government bond RWA, and high-quality yield assets supported by stablecoins. Users can redeem GUSD at any time, exchanging it back to USDT/USDC at a 1:1 ratio. Additionally, GUSD involved in other platform financial products (such as Launchpool and Launchpad) can earn corresponding product yields, GUSD minting rewards, and activity bonuses during the investment period. The platform also introduces a reference comprehensive annualized calculation mechanism. The comprehensive annualized rate consists of a reference annualized rate plus additional rewards, with the extra rewards distributed daily in GT tokens. The annualized yield rate is dynamically adjusted based on Gate's ecosystem income, government bond RWA, and stablecoin-related asset returns.

Sun Wukong (SunX) will host a live broadcast titled "Crude Oil Breaks 100: Trading Opportunities Amid Macro Turmoil" at 8:00 PM on March 12, inviting several crypto KOLs to discuss the impact of global macroeconomic changes on commodities and the crypto market.

The Korea National Tax Service is building a tracking system for cryptocurrency investment income, which will officially start taxing in 2027. The system will analyze transaction data, identify tax evasion behaviors, and is expected to go live within the year, incorporating artificial intelligence technology for abnormal transaction analysis. The tax standard applies a 22% rate to the portion of annual earnings exceeding 2.5 million Korean won.

The LITRO project aims to reshape the global energy trading system through blockchain technology and is expected to go live in 2027. The token will be 1:1 backed by real oil reserves, enhancing trading efficiency and lowering entry barriers. The project is currently in the early development stage and will collaborate with financial institutions in the future to build an intelligent logistics system, integrating digital assets with real-world energy.

Gate News bot message, according to the official Gate announcement on March 12, 2026 The Gate Contract Index Zone will launch the GVZ Perpetual Contract for live trading at 16:30 (UTC+8) on March 12. GVZ is the Gold Volatility Index, commonly known as the Gold Fear Index, and is benchmarked against the stock market's VIX index. This perpetual contract is settled in USDT, supports 1-20x leverage for long and short positions, and users can choose their leverage ratio at the time of order.

MetaDAO announces that the RNGR liquidation snapshot will be conducted on March 13th. Users are advised to withdraw their tokens to their personal wallets. The liquidation portal will go live on March 17th, with detailed information to be announced beforehand. The proposal to liquidate Ranger Finance was previously approved through voting.

Gate News Announcement, March 12 — Backpack has confirmed that the TGE will take place around March 23. Real-time betting data from a prediction platform shows that the probability of Backpack's TGE first-day FDV exceeding $300 million is about 68%, and the probability of exceeding $500 million is 33%. Backpack CEO Armani Ferrante previously stated during an official Twitch live stream that the token TGE date is approximately March 23.

The European Central Bank announced the Appia roadmap on March 12, aiming to build a tokenized wholesale financial market anchored to central bank money. The plan will go live in 2026, with an open consultation launched and feedback welcomed to support the advancement of the digital euro project.