Several cryptocurrency platforms and investors took to social media to debate the issue. As of July 1, 2022, a 1% TDS will be applied to virtual digital assets. Tax Deductible at Source (TDS) for virtual digital assets has been reaffirmed at 1 percent, as indicated in the Union Budget for
The meeting proposed to levy a 28 percent GST on cryptocurrencies. India plans to implement reverse charge GST on users who use overseas crypto sites. On Tuesday India’s Goods and Services Tax (GST) Council is expected to discuss rate rationalization and digital assets, including cryptocurrency, at its upcoming meeting in
An online payments company allows merchants to settle payments in stablecoin. This feature enables merchants to pay using USDC. The firm plans to add a wide range of digital-assets in future. The entire crypto community is aware of the recent market collapse while the stablecoin crash like UST has made
NFT sales are still on track to surpass the $20 billion in volume recorded last year. Twenty clubs compete in the Premier League. The English Premier League (EPL) is making preparations to extend its brand into the digital realm by registering two cryptocurrencies and NFT trademarks in the United States.
XCAD Network has an NFT Marketplace for makers. LooksRare is down 3.76% in the last 24 hours. Let us look at the top 3 projects with a market cap between $50M to $100M as per CryptoDep. LooksRare (LOOKS) NFT marketplace LooksRare uses the LOOKS token to reward traders and artists
In December 2021 and January 2022, the surveys were conducted. Results were drawn from surveys of more than 500 financial advisers and 3,200 investors. Accenture, a consulting business, released an industry poll on Monday that found that Asian wealth managers are hesitant to sell digital assets to clients because they
Essex, United Kingdom, 6th June, 2022, Chainwire WeCryptoEco, the brainchild of business visionaries James Ross and Roderick Chisholm, is exploding onto the scene. Founded in 2022, WeCryptoEco, the environmentally friendly crypto mining project, is changing the process by lessening the impact on the earth’s resources. At WeCryptoEco, the team
The Web 3.0 wave is fast catching up with centralized crypto exchanges and brokerages. In the past two years, there has been a gradual shift to the Decentralized Finance (DeFi) market, with more crypto natives opting for permissionless ecosystems. Today, this industry enjoys a total value locked of $106 billion,
Plutonians have been up 1333.88%% in the last 24 hours. xHashtag DAO focuses on the entire evolution of Web3 projects. Let us look at the top 3 gainers of the day as per CryptoDep. Plutonians (PLD) Plutonians is a space RPG fueled by SPL tokens and NFT. Web2-enabled multiplayer world
According to James, the crypto market is “extremely unpredictable.” Bitcoin is now trading at under $30k at the time of this writing. On Thursday, New York Attorney General Letitia James issued a warning concerning cryptocurrency investments. Attorney General (AG) reiterated the view taken by other U.S. government authorities, including Attorney
