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Indian Finance Minister Nirmala Sitharaman confirmed that both the Reserve Bank of India and the finance ministry are on board with the new crypto rules, a move that was hailed as a positive development for the countrys...
Russia will regulate its crypto industry instead of imposing a ban on crypto trading and mining. The move is seen as a step towards legitimizing the $2 trillion asset class and is projected to contribute up to $13 billion...
The U.S. Department of Justice just seized $3.6 billion worth of Bitcoin (BTC in what is dubbed to be the largest financial seizure ever. The seized digital currencies are part of the stolen crypto in the 2016 Bitfinex...
Indias proposed tax on crypto transactions has drawn mixed reactions from the countrys digital asset industry. While there are those who expressed concerns that the taxation scheme could discourage participation from...
India recently announced that it will impose a tax on income from cryptocurrencies. While some are worried that the introduction of a crypto tax might discourage retail investors, others view the development positively as...
Thailand would no longer be imposing a withholding tax on crypto transactions. The announcement came as the planned taxation scheme received heavy opposition from industry participants. Thailand has abandoned plans to...
Bank of Russia recently proposed to ban most crypto activities including mining on Russian territory citing threats to financial stability and the countrys monetary policy sovereignty. However, the former president and...
The Brazilian city of Rio de Janeiro recently announced that it will allocate 1 percent of the citys treasury reserves to cryptos, such as Bitcoin (BTC). A city official explained that the move is aimed at lessening...
The International Monetary Fund recently urged El Salvador to discontinue using Bitcoin (BTC) as legal tender citing potential risks. However, the country remains bullish on the crypto and even announced that it bought...
As South Koreas presidential election approaches, candidates are busy trying to gain voters support by highlighting their stance on a number of issues. One candidate is trying to woo crypto investors by pledging his...
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