An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also requested that the goods and services tax (GST) be imposed on the total transaction value of crypto. Indian Parliament Member Wants to […]
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The data from CoinShares shows a weekly inflow of $193 million, with more than half of that figure going to Bitcoin alone. Solana is also getting attention and broke a record in the process.
Over the past six months, the Everscale network has gone through a complete metamorphosis. Originally called FreeTON, the network has made great strides in improving its technical capabilities as well as developing a robust ecosystem of DeFi platforms. The scale of these changes led the coчафmmunity to call for a rebranding to reflect how the […]
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From Dolce & Gabanna to Giuseppe Zanotti, major fashion companies took to Ethereum-run Decentraland to interact with new consumers in this virtual experiment.
The team behind Saitama token recently released a swap, Saitamask, and have just launched a new token, SaitaRealty, exclusive to their swap. They launched the token this past Friday and were supposed to set a low max buy limit but somehow mess this up, allowing some investors to purchase more than almost 100x than they…
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The best entity for pragmatically increasing crypto usage worldwide is likely an analog to the best entity for increasing fiat currency usage worldwide, namely a bank or a bank-like entity. Banks as they exist today contain many undesirable features such as [insert your favourite here], which crypto is a good candidate to solve. Yet, new…
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The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them. 11 Crypto Exchanges Investigated for Tax Evasion The Indian government answered some questions regarding the taxation of cryptocurrency exchanges Monday in Lok Sabha, the lower house […]
A new push for clarity on compliance from Senator Wyden aims to ensure economically distressed communities receive promised benefits from crypto mining companies.
