“For short-term investors who are into day trading, margin trading, arbitrage trading, the 1% TDS becomes infeasible. The majority of the population is still waiting on the fence, once we see the bill...
Tag: Rules
Court Says Bitcoin Mining Isn’t Illegal But Is Inimical To The Current Environmental Rules ⋆ ZyCrypto
Advertisement     A Chinese court has stated that cryptocurrency mining is not illegal. The judge clarified that mining runs contrary to the existing environmental reg...
NFL Teams to Explore Crypto and NFT Deals with New Blockchain Rules – crypto.news
This year, NFL teams will be able to negotiate cryptocurrency sponsorship deals but don’t anticipate the Green Bay Packers hosting games FTX Field soon. On Tuesday, the league delivered a statement to...
NFL loosens rules around crypto company sponsorships: report
advertisement The NFL will now allow teams to seek sponsorships with blockchain companies, but wider restrictions regarding cryptocurrencies that can be exchanged for merchandise or experiences remain...
OECD Proposes New Global Crypto Tax Reporting Rules
Key Takeaways The Organization for Economic Co-operation and Development has released a document revealing a reporting framework designed to overhaul how tax authorities share information related to c...
Supreme Court Rules Crypto Transactions Are ‘Illegal Fundraising’
China’s Supreme Court ruled that cryptocurrency transactions count as illegal fundraising and warned violators could face up to 10 years in jail and fines up to $79,000. The Supreme Court’s order give...
Chinese Tech Giants Updates Rules to Curb NFT-Induced Crackdown
The move from the Chinese tech giants is a proactive approach to be on the good side with the regulators who have been seeing many reasons to crack down on the country’s technology outfits in recent m...
SEC’s Climate Disclosure Rules Advance Biden’s Epic Whole-Of-Government Regulatory Agenda
“The President will advance his climate agenda using every tool at his disposal and can make significant progress in curbing emissions, growing our economy, and good-paying union jobs. And so he could...
Crypto Exchanges in South Korea, trying best to meet upcoming FATF travel rules
FATF keeping in view the mitigation of the possibility of crypto exchanges involved in money laundering and illicit activities Well known intergovernmental organization to check on money laundering an...
Billionaire Mike Novogratz Rules Out Bitcoin Being Used As Currency, Reveals What Will Accelerate BTC Adoption
Galaxy Digital CEO Mike Novogratz is unveiling what he believes will spur the global adoption of Bitcoin (BTC). Novogratz says in a CNBC interview that Bitcoin is unsuited to be a currency unlike othe...
FCA Rules All Crypto ATMs in the UK Are Illegal
The Financial Conduct Authority (FCA) – the monetary watchdog of the United Kingdom – has issued a statement condemning all bitcoin and crypto ATMs as illegal. The organization is now ordering all cry...
Tax rules concerning NFTs- The Cryptonomist
The correct framing of the taxation of NFTs is a real problem, primarily because there are generally no laws or regulations defining NFTs and even less so are there tax rules expressly dedicated to th...
Argentina Cracks Down on Crypto With Anti-Money Laundering Rules
Argentina is set to include cryptocurrency firms in its wider anti-money laundering (AML) regulatory regime, per the Buenos Aires Times. Argentina’s Unidad de Información Financiera (UIF) is the coun...
After noise complaints, Tennessee judge rules that a bitcoin mine violates zoning laws
A bitcoin miner in Tennessee that has been in conflict with residents and local officials over noise complaints lost a battle in court on Tuesday. A judge found that the mining operation, run by Red D...
Singapore Says Its New Tax Rules Also Apply To NFT Transactions
Singapore Finance Minister Lawrence Wong announced that the country’s income tax rule also extends to income from all forms of non-fungible token (NFT) transactions. It means that those trading in NFT...
Covid-19 Vaccination Rules Come Into Focus For New York Yankees And Brooklyn Nets
New York Yankees manager Aaron Boone answers questions at spring training baseball news conference, … [+] Sunday, March 13, 2022, in Tampa, Fla. (AP Photo/John Raoux) ASSOCIATED PRESS Friday was...
UK regulators warn crypto firms aren’t exempt from Russian sanctions rules
advertisement The Bank of England, HM Treasury and the Financial Conduct Authority issued a joint statement on sanctions and crypto assets amid Russia’s invasion of Ukraine. The statement is th...
Thailand Eases Crypto Tax Rules
Thailand crypto charge regulations facilitated from past piece Crypto brokers get a 7% expense exclusion by utilizing government supported trades Tax reductions will likewise be given to long haul fin...
Biden restores California ability to set its own auto pollution rules
Cars make their way toward downtown L.A. during the morning commute on April 22, 2021 in Los Angeles, California. Mario Tama | Getty Images The Biden administration is restoring California’s aut...
Indian Government May Lose out on Tax Revenue Ahead of New Rules
Industry players have found problems with India’s tax rules just days before the proposals take effect. Nischal Shetty, of India-based exchange WazirX, recently took Twitter to explain how 1% tax dedu...
Thailand Eases Tax Rules on Digital Assets Until 2023
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 ...
Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations
The bill will facilitate crypto contributions to political campaign The bill seeks clarity with regards to contributions, valuations, and expenditures The bill considers crypto donation as an in-kind...
Thailand Loosens Cryptocurrency Taxation Rules
Arman Shirinyan One of the largest economies in Asia imposes new, more liberal cryptocurrency taxation rules Thailand’s cabinet has decided to ease up on cryptocurrency taxation laws in order to...
Thailand Eases Tax Rules For Cryptocurrency And Digital Tokens
Thailand’s cabinet, Khana Ratthamontri, has relaxed tax rules for investments in digital assets including cryptocurrencies and digital tokens to help promote and develop the market following a surge i...
US Senior Democrat Raises Concerns on Tougher Crypto Rules
Ron Wyden, a US Democrat Senator from Oregon and one of the most influential members of Congress in the country, has warned that a tough stance on cryptos could be unhealthy for the booming industry. ...
Singapore Suspends Crypto Transactions As It Complies With Russia Sanction Rules ⋆ ZyCrypto
Advertisement     Russia has been getting confronted by firm criticism of its invasion of Ukraine. Singapore has joined other concerned countries to impose sanctions o...
Louisiana Bill Seeks to Lay Rules for Cryptocurrency Political Donations Louisiana Bill Seeks to Lay Rules for Political Donations in Crypto
Louisiana state legislature is considering a bill to facilitate crypto contributions to political campaigns. Sponsored by Republican Party Representative Mark Wright, the bill seeks to lay down a lega...
CZ Maintains That Binance Will Comply With Sanction Rules For Russia
The crypto industry continues to battle bad media representation targeted at it. Changpeng Zhao, the CEO of Binance, has called out media outlets that have misrepresented the decision of crypto exchan...
“Whatever Judge Rules, SEC Is Already Dead”- Lawyer Predicts Ripple Lawsuit Outcome
Ripple vs SEC lawsuit is in the spotlight of all cryptocurrency enthusiasts. Everyone is eagerly watching every move in the court and is waiting for the final verdict. Attorney Jeremy Hogan has droppe...
3 simple rules for cushioning yourself against inflation
This article is reprinted by permission from NerdWallet. Inflation — the rise in consumer prices — is a slow erosion of your money over time. Before 2021, the U.S. hadn’t seen annual core inflation m...
Europe’s travel rules are dropping as fast as its Covid cases
Travel restrictions are quickly disappearing in Europe, with new announcements coming by the week — and, more recently, by the day. Changes to eliminate Covid-related travel rules gained momentum in J...
OECD solicits public comments on draft proposal for crypto tax rules
The Organization for Economic Cooperation and Development (OECD) is looking for input on a new proposal for crypto tax rules. The OECD is an intergovernmental organization encompassing 38 member natio...