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China’s WeChat Bans NFT Accounts; Zilliqa Token Soars

NFT accounts banned from WeChat due to “crypto speculation”. India’s IMF Mission chief warns over crypto. Zilliqa on a tear after Metapolis metaverse launch event announcement. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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UAE Becoming Crypto Hub; India’s Tax Bogeyman

Australia’s BTC Markets partners with Mastercard for payment options. Crypto.com, Bybit book tickets to Dubai to set up bases. India’s crypto taxes scaring away younger investors. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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India Imposes 30% Tax on Crypto Transactions

India has passed a new law that will impose a 30% capital gains tax on cryptocurrency transactions, putting digital assets in the same taxation category as traditional stocks. “The Hash” discusses what this means for Indian crypto companies like Polygon, which now operate in a hostile market. 

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India Passes Crypto Tax Law, EU Moves Forward With MiCA Bill

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses how India’s new crypto tax law, which will impose a 30% capital gains tax, could impact the country’s local Web 3 scene and possibly create a “brain drain.” Plus, a conversation about the EU’s MiCA bill and its implications for the European crypto industry. 

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Bollywood Icon’s Tax Bill; Metaverse Fashion Week Opens

China’s ZTE registers metaverse trademarks. Indian superstar Amitabh Bachchan chased over NFT tax. Decentraland offers a glimpse into the future of fashion at its Metaverse Fashion Week. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Malaysia’s Crypto Proposal; Hong Kong’s 11-Year-Old NFT Coder

Malaysian minister proposes making Bitcoin legal tender. India rules out offsetting crypto losses. Rate hikes and the outlook for crypto. An 11-year-old Hong Kong-born programmer gets into NFT business. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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China Seizes Mining Rigs; Ukraine Crypto Backlash Warning

China busts mining operation disguised as E-V charge station. India sees future and possibility of revenue in crypto. Russians look to preserve value of cash, while Ukraine reiterates call for crypto exchange ban. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Binance Assembles Sanction Task Force; India Seeks Bitcoin Clarity

Russian soldiers offered crypto for surrender. Binance working to comply with sanctions on Russia. India’s Supreme Court asks government for answer on crypto legality. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Crypto Losses Not Protected in China; India’s Bitcoin Premium

Chinese court reiterates stance that the law cannot cover crypto losses. Chinese tech giant Alibaba offers NFTs as blockchain game rewards. Indian investors hungry for bitcoin despite premium. These stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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Metaverse Moon Date; Russian Tensions Hit Crypto

Metaverse ETF to launch in Hong Kong. India’s Mingout tries dating on the moon. Crypto market slides as Russia-Ukraine fears rise. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

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