The 30% Capital gains tax on crypto assets is effective in India from April 2022. Total estimated realized crypto gains by India in 2021 was $1.85B. On Wednesday, prominent representatives of the crypto industry met the Indian Parliamentary Standing Committee on Finance (SCOF) in Bengaluru. No significant details of the
Brazil, has been into various rumors and talks constantly when it comes to its crypto industry. True to the fact, Brazil is indeed one of the most highly active crypto users around the world. In spite of this, the nation’s decisions on crypto and Bitcoin (BTC) have been going on
South Africa soon to bring out new crypto regulations. Announced officially regarding the news. Mixed reviews among the citizens of South Africa. As the crypto regulations have so far played a major role in deliberating the crypto industry of a nation, new regulations and revised ones are also on the
Alexander Grigoryevich Lukashenko is a Belarusian politician who is serving the longest period as a European president. As a supporting act, the President newly signed a decree legalizing crypto related activities in the country. Thus, Belarus is seeking a growing appetite for cryptocurrency in the marketplace. To be more specific,
The regulations for cryptocurrencies from the Federal department of several countries have tightened. As an added country to the list of revised regulations, Russia has joined now as the central bank demands a crypto ban. According to the report revealed on Thursday, the central bank of Russia claims that the
OCC joins with the Feds for new crypto legislation. OCC to intervene more crypto firms and establishments as intermediaries along with the Federal Reserve. New report on digital currency to be out soon. The news regarding the upcoming new Digital Currency report is the mainstream topic these days amidst the
Fed Chair Jerome Powell reveals a new legislature for digital currencies will be out soon. New rules and regulations by the U.S will be reflecting on the crypto market. Congressman Tom Emmer also tweets the same. It’s quite skeptical that ever since, the talks started in December, 2021 in the
Crypto industry has so far performed the best for the year 2021. Overall crypto industry market cap amounts to $3 Trillion. Certain hurdles pose for the year 2022 to overcome. Looking back for the past decade, the year 2021 has so far been the best year for the crypto industry.
World’s leading cryptocurrency exchange, Binance is now restarting its operations in the U.K after the ban lifted by the country’s regulators. The CEO of Binance, Changpeng Zhao (referred as CZ) shares about the company’s reviving plans to build the business in the U.K. The re-engaging of Binance with the U.K
WazirX’s exchange hit 10 million users this year. Compared crypto to the 17th century Tulip mania. With few exclusions, India’s proposed ban on private cryptocurrencies triggered significant panic selling on Tuesday night, crashing India’s largest crypto exchange, WazirX. WazirX CEO Nischal Shetty told BusinessToday. Due to high user activity after
