India to introduce 30% crypto tax, digital rupee CBDC by 2022-23
Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India’s digital economy.
Finance minister Nirmala Sitharaman believes the introduction of a CBDC will provide a “big boost” to India’s digital economy.
Binance started the Secure Asset Fund for Users (SAFU) in 2018 by allocating 10% of the trading fee.
Binance has announced one of its trademark features, the SAFU fund, has reached a milestone in its development. The SAFU fund, an acronym that stands for “Secure Asset Fund for Users,” has reached the amount of one billion dollars, securing the funds of users in case of a hacking emergency. The exchange, which is one […]
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Checked ethgasstation to notice most gas spent in last 30 days is from this protocol. Surprisingly, the internet doesn't have sufficient information about it. Can anyone shed some useful info about this exchange or protocol? submitted by /u/rslsrkr [link] [comments]
Indian government just announced that crypto will be taxed at 30% of gains. This is the first time the Indian government is discussing crypto taxation. The tax will apply to all gains on digital virtual assets, and no capital losses will be allowed. Business expenses will also not be allowed. Gifts in the form of…
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https://www.financialexpress.com/budget/cryptocurrency-tax-news-budget-2022-live-updates-tds-rules-crypto-income-taxation-regulation-for-investors/2421636/ submitted by /u/Ok_Guide_7500 [link] [comments]
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A recent NYDIG report found that Bitcoin had settled more transaction volume in Q1 2021 than “all credit card networks combined for the entire year” when including intra-network transactions.