India
First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water
The expected passage of a finance bill will include a steep crypto tax that the industry says will discourage innovation and cost the country some of its technology talent; several major altcoins rise.
India’s Crypto Industry Fears Proposed Tax Rules Will Increase ‘Brain Drain’
The new tax proposals are set to formally become law on Thursday amidst little hope that the government may soften the tax blow.
India’s Proposed Crypto Tax Rules Likely to Become Law Thursday
India’s Finance Bill, which includes proposed rules on taxing crypto, is set to be introduced in parliament tomorrow.
Indian Superstar Amitabh Bachchan Pays Up After Tax Authorities' Action on Platform Hosting His NFTs
The platform, BeyondLife.club, was sent a notice by an Indian tax agency.
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.”
Indian Crypto Industry Mulls Supreme Court Move as Tax Break Expectations Disappear
There's a glimmer of hope the government may reduce the 1% tax deducted at source.
First Mover Asia: India Crypto Investors Await Taxation Clarity; Bitcoin Rises on a Day of Big Price Swings
India's crypto community is hoping to convince lawmakers to scale back a crypto taxation bill; bitcoin soared above $41,000.
Biden’s Executive Order Draws Mixed Reactions From Global Crypto Community
Crypto advocates worldwide are somewhat underwhelmed by the U.S. president’s recent executive order on crypto regulation.
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.”
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.”
