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 …
Continue reading “Indian Parliament Member Asks Government to Tax Crypto Income More Than 30%”
Crypto regulation is the hot topic of 2022. The fear of a global cryptocurrency ban seems to have almost wholly subsided as adoption takes us past the point of no return. Banning crypto now is practically impossible. Yet, the lack of an upcoming blanket crypto ban does not mean that there will be no changes. …
sponsored 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 …
Continue reading “FlatQube DEX Unveils QUBE Utility Token and Sets DAO Governance in Motion”
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 …
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the central bank, the State Bank of Vietnam, on the framework. What do you think about Vietnam creating a legal framework to regulate crypto? Let us know in …
Continue reading “Vietnamese Government and Central Bank Developing Legal Framework for Crypto”
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News …
Continue reading “Crypto Fear and Greed Index Hits ‘Greed’ for the First Time in 4 Months”
Mark Karpeles, a co-founder and ex-CEO of now-defunct cryptocurrency exchange Mt. Gox, announced his plans to start a new crypto ratings agency, dubbed UNGOX, during an interview with Forkast today. “After the Mt. Gox bankruptcy, I have been following the developments in the crypto space, and I have seen some exchanges taking steps to prevent …
Continue reading “Former Mt. Gox CEO to launch crypto ratings agency and commemorative NFTs”
Long-term hodler have kept accumulating Bitcoin during the whole of the first quarter of 2022, and they are a big reason behind the bull run of the past week. According to data from IntoTheBlock, as bitcoin surpasses $48,000 again, the balance held by hodlers, addresses holding bitcoin for more than a year, is currently at an …
Continue reading “Bitcoin flirting with $48,000 as hodlers kept buying throughout Q1”
An NFT created from Nelson Mandela’s arrest warrant was auctioned for roughly $130,000 to help fund the Liliesleaf Museum Heritage Site, where the paper version of the original document is kept. The buyer will have exclusive access to the original document at the museum. Nelson Mandela’s original 1961 arrest warrant The museum documents and preserves …
Continue reading “Nelson Mandela’s iconic arrest warrant auctioned off as an NFT”
The former CEO of the bankrupt bitcoin exchange Mt Gox, Mark Karpeles, announced he has launched a non-fungible token (NFT) project that will give Mt Gox customers registered between 2010 and 2014 an airdropped NFT. The Mt Gox NFTs are ERC721-compatible tokens that claim to provide “specific use cases.” Former Exchange CEO Announces Commemorative Mt …
press release PRESS RELEASE. Fast-growing blockchain protocol Ariva was highlighted as one of the key drivers of blockchain technology in the tourism sector at the Blockchain For Travel Summit held in Dubai on March 26, 2022. A gathering of key stakeholders in the tourism sector for blockchain ‘’The Global Tourism Forum Blockchain for Travel Summit’’ …
Continue reading “Ariva Mentioned as Top Project in Blockchain for Travel Summit in Dubai”
According to the bitcoin mining operation and mining rig reseller, Compass Mining, a new documentary will be released that covers the bitcoin mining operations in central Wyoming. The documentary, called “Bitcoin in Cowboy County: Wyoming’s Powder River Miners,” will premiere at the Empower Conference in Houston, Texas, on March 31. Compass Mining and JAI Energy …
According to reports, there’s a 32 million square-foot island located in Vanuatu that’s in the midst of being constructed into a crypto-centric residential community by the island’s owners: Satoshi Island Holdings Limited. So far, more than 50,000 individuals have applied to live on Satoshi Island, and land rights will be minted in the form of …
House Democrat representatives today are introducing a bill that calls for the development of an electronic version of the U.S. dollar that has the same legal status and privacy expectations as physical cash. The bill, titled Electronic Currency and Secure Hardware (ECASH) Act, would direct the U.S. Treasury Department, not the Federal Reserve, nota bene, …
Continue reading “Dems propose Treasury e-cash, a peer-to-peer electronic cash system”
Paul Tang, a member of the E.U. Parliament, believes that transferring cryptocurrencies should require information about the sender and the receiver, just like bank transfers. Tang, who heads the E.U. Parliament’s Subcommittee on Tax Matters, called the pushback against the upcoming crypto AML regulation “another social media storm by crypto bros.” A new E.U. proposal …
Continue reading “A member of the E.U. Parliament says crypto transactions shouldn’t be anonymous”
