India Passes Stiff Crypto Tax Laws Despite Industry Uproar
Amendments sought by the crypto industry were not adopted. Indians will begin paying a capital gains tax of 30% on crypto transactions in just one…
Tag: Government
Government mulls over giving deadline to declare crypto assets: Report
As per a recent cabinet note, the term ‘crypto assets’ will be put in place instead of cryptocurrencies, along with a clear distinguishment of the…
Tencent to Use the Blockchain to Derail China’s Counterfeit Invoice Industry
Sellers of counterfeit, illegally-made receipts help businesses take advantage of tax loopholes in China, but that’s set to change with the application of blockchain technology…
Bitcoin Policies Should Protect Investors, Not ‘Feed the Frenzy,’ Ex-FDIC Chair Bair
Former US Federal Deposit Insurance Corporation (FDIC) Chairperson Sheila Bair has recently commented that the Bitcoin policies created by governments should protect the investors rather than ‘feed the frenzy’…