India’s crypto tax provides little legal clarity for traders and exchanges
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility.
Auto Added by WPeMatico
The Indian government’s recent announcement of a 30% tax on crypto returns has sparked an industrywide discussion on its feasibility.
While the central bank announced its intention to launch a CBDC, exact details are still scarce.
The Indonesian cryptocurrency industry and market experienced notable growth in 2021.
The new regulations would only allow for advertisements on native websites and mobile apps for DPT companies.
He called for the government to set up a Bitcoin policy, arguing that India already had some regulations in place.
The stablecoin issuer called NUG’s USDT adoption a significant event that goes “beyond the potentials of cryptocurrency.”
The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment.
The NUG finance minister said Tether use would enhance trade speed and payment efficiency.
Binance is reportedly in talks with the richest family in Indonesia regarding a new crypto venture.
The Confederation of Indian Industries has proposed new regulations around the nascent crypto market.