Ukraine launches NFT museum ‘to keep the memory of war’
"While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech," said the country's minister of digital transformation Mykhailo Fedorov.
Auto Added by WPeMatico
"While Russia uses tanks to destroy Ukraine, we rely on revolutionary blockchain tech," said the country's minister of digital transformation Mykhailo Fedorov.
Under the framework, those conducting crypto transactions will be subject to a 30% tax starting on April 1, while the 1% TDS requirement will take effect on July 1.
The bill would direct federal agencies to scrutinize how El Salvador implements its Bitcoin law.
First announced by India's finance minister in February, the amendment to existing laws proposed a 30% tax targeting digital asset transactions.
A crypto island in the South Pacific where fiat is not allowed is making waves: Modular homes under construction, NFT citizenship applications and a promise of a decentralized future.
Apart from delaying the issuance of Bitcoin bonds, the Salvadoran government has apparently slowed down the pace of buying new BTC as well.
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere," said Sheila Warren.
The regulator said it would extend its window for the decision on WisdomTree’s Bitcoin investment vehicle to May 15 and One River’s to June 2.
Malaysia’s finance minister previously warned that crypto payments were illegal as they did not meet the universal characteristics of money.
Brad Sherman said the Biden administration should have the ability to tell crypto exchanges not to do "business with Russia-based crypto wallets" amid the situation with Ukraine.