Hours after the Indian government’s announcement to bring the transfer of digital assets into the 30% tax bracket, the industry seems to be divided on its implications. Investor Rakesh Jhunjhunwala, f...
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Amber Group acquires FSA-licensed crypto exchange service DeCurret
advertisement Amber Group, a digital asset platform, has announced the acquisition of DeCurret Inc., a Japanese-licensed crypto exchange, the company announced on Tuesday. The acquisition is under Amb...
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions – Regulation Bitcoin News
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in trans...
Software firm LAB577 acquired by crypto payment and liquidity provider BCB Group » CryptoNinjas
BCB Group, a European provider of business accounts, cryptocurrency, and foreign exchange market liquidity, announced today that it has acquired LAB577, a software engineering venture studio at the ne...
Where to buy SUKU coin: it has shot up by 60% today
After falling for more than two months consecutively, the SUKU coin has made a huge jump today after rising by more than 60% in the early hours of today. At the time of writing, it was trading at arou...
Bitcoin OG Erik Voorhees: Coinbase Is Part of Crypto Industry’s ‘Hydra Strategy’
Erik Voorhees is a “big fan” of Coinbase. That may come as a surprise since Voorhees, an early Bitcoin entrepreneur, is a radical advocate of decentralized power—so much so that he recentl...
Flint Launches High Annual Crypto Returns On Solana Without the Volatility
Passive crypto investment gateway Flint will enter its beta stage to let anyone easily access passive returns on their stablecoins. Returns can be as high as 13% per annum, and there are no specific t...
2022 Predictive Variable That Can Hike Crypto Prices
Source: Pexels There is no surprise when I say various cryptocurrencies decrease or increase by 10% on a given day. It is very common for even bitcoin and other smaller cryptocurrencies to show such v...
Solana Leads Green Day on Crypto Market with 17% Price Increase, LUNA and DOT Follow
Arman Shirinyan Solana, LUNA and DOT are among leaders despite negative weekly performance Contents Solana’s tough January Other altcoins follow The cryptocurrency market has finally shown the f...
Indian government to enforce tough crypto tax rules, is this a sign of things to come worldwide?
During the budget session, India’s Finance Minister Nirmala Sitharman announced crypto income will be taxed at 30%, along with a string of strict conditions. India has been back on forth regarding the...
Are BAYC, Crypto Punks, MAYC,… The 100X Gem NFTs To Bag For Eternity?
The folks from the global crypto market continue their exploration drive to bag potential NFTs. As the hunt for virtues from the diverse sectors of the business grows fierce. Savvies are expecting, NF...
Crypto Unicorns integrates Chainlink VRF on Polygon
Crypto Unicorns, a digital pet collecting and farming play and earn game, has integrated Chainlink (LINK/USD) Verifiable Random Function (VRF) on Polygon (MATIC/USD) mainnet, game creator Laguna Games...
Where to buy Highstreet (HIGH) coin: it is rising after Binance NFT started accepting it
After a sharp drop since mid-December, the Highstreet (HIGH) coin has now started rising buoyed by today’s admission on the Binance NFT marketplace as an accepted mode of payment. To help investors an...
Ark expects crypto and digital wallets to encompass a market cap of $50 trillion by 2030
Cathie Wood’s Ark Invest published its Big Ideas report last week. Blockchain and crypto figured prominently in the report, and one of the stand-out predictions within it was for Bitcoin to hit $1.36 ...
Thailand scraps 15% crypto capital gains tax following public backlash
Thailand has decided to suspend the implementation of its 15% cryptocurrency capital gains tax for now. The proposal, which was presented earlier this year, triggered a lot of opposition, but it appea...
Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed
Under existing law, the Treasury secretary, in consultation with the Federal Reserve chairman, secretary of state, federal regulators and other agencies, has the power to impose such restrictions on t...
Why the SEC is investigating these crypto lending firms
Top crypto lending firms, Gemini Trust Co, Celsius Network, and Voyager Digital Limited, are under investigation by the US Securities and Exchange Commission (SEC). High-interest rates attract regula...
Crypto Becomes Legal In India, Here’s All You Need To Know
The festival for crypto fans is finally coming to an end in India. India on Tuesday proposed the launching of the digital Rupee by next year. It also proposes a 30% income tax on earnings from the tra...
Crypto Unicorn Amber Group Acquires Japanese Exchange DeCurret Inc.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Ark Invest Has Big Ideas for Crypto
Last Tuesday, Ark Invest released its annual Big Ideas report. Ark is an investment management firm that was founded by Cathie Wood in 2014, and specializes in disruptive technologies including crypto...
Solana: Phantom crypto wallet raises $ 109 million
A crypto wallet from the Solana ecosystem, Phantom, has announced that it has closed a $109 million Series B funding round, and is ready to launch the app for iOS devices. Estimates are that Phantom ...
India shows no sign of banning crypto, introduces Taxation: indicates Finance Minister
High taxes would be charged on transfers and remittances through the digital assets. Indian Budget 2022 is here; finally, virtual digital currencies and CBDCs got some space into the picture. High tax...
India’s CBDC to Arrive in the Next Fiscal Year, Crypto Income to be Taxed 30%
Nirmala Sitharaman – Finance Minister of India – reportedly disclosed that the country’s central bank will launch a digital currency in the next financial year (running between April 1 and March 31). ...
India to tax crypto income at 30%, launch CBDC in the fiscal year 2023
India has provided a much-anticipated clarity on crypto taxation in its Union Budget for the fiscal year 2022-23. The budget, presented on Tuesday by India’s Finance Minister Nirmala Sitharaman,...
Crypto Now Legal in India, Here Are Tax Rates
Vladislav Sopov One more country established clear legal framework for digital assets operations and taxation Contents Crypto now regulated and taxed in India Community hails the proposal: “Yet ...
Here’s When Bitcoin (BTC) Can Realistically Record a New All-Time High, According Crypto Analyst Jason Pizzino
Popular crypto analyst Jason Pizzino is unveiling a realistic timeframe for when Bitcoin (BTC) can surge to a new all-time high. In a new strategy session, Pizzino tells his 259,000 YouTube subscriber...
Thailand Drops 15% Crypto Tax After Pushback From Public
Thailand has decided to do away with its 15% cryptocurrency capital gains tax for the moment. The plan, announced earlier in the month, received heavy opposition, but it appears that the crypto market...
India to Tax Crypto Gains at 30%, No Exemption Is Allowed
The Indian government has specified its taxation rule for cryptocurrencies. It will impose 30 percent taxation on the transfer of virtual assets from the financial year 2022-2023, Finance Minster Nirm...
India Announces 30% Tax on Crypto Profits, the Highest Tax Band In the Country
Profits derived from trading Crypto Assets will attract 30% taxes, Indian Finance Minister Nirmala Sitharaman made an announcement while addressing the budget session earlier today, February 1. This c...