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Indian Finance Minister Says RBI Is on Board With New Crypto Rules

Sitharaman downplayed concerns of disagreements between the central bank and the government on crypto.

RBI entrance in New Delhi, India

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Polygon Co-Founder on What’s Next for Web 3

Polygon, a layer 2 (L2) solution for the Ethereum blockchain, raised $450 million in its latest funding round to build Web 3 applications and invest in zero-knowledge technology.

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PBOC Pushes E-CNY Standardization; CoinDCX Hits 10M Users

China’s central bank works on E-CNY standardization. India’s excitement for crypto grows despite tax. Are memecoins becoming more than a joke? 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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Bithumb Goes for Olympic Gold; India Crypto Tax Questions

Japanese megabank to take advantage of stablecoin law. Korea’s Bithumb gets in on Winter Olympics action. Lack of clarity clouds India crypto tax. 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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Opinioni

India's Tough Crypto Stance Has a Silver Lining

How a central bank digital currency meant to stifle crypto could end up benefitting it.

(Rachel Sun/CoinDesk)

Mercati

India's Crypto Tax May Curb Excessive Speculation, Bring Institutional Demand

The proposed tax structure is less of a concern for long-term holders than short-term traders, one SHIB holder said.

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Paxful CEO on Launching Bitcoin Educational Center in El Salvador

Crypto trading platform Paxful has opened “La Casa del Bitcoin,” a bitcoin educational center in El Salvador to enable free learning opportunities related to BTC and boost adoption. Paxful CEO Ray Youssef shares insights into the launch, addressing concerns BTC could be too volatile to serve as a national currency.

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India’s 30% Crypto Tax Proposal Explained

Indian Finance Minister Nirmala Sitharaman announced the nation’s budget Tuesday, revealing it will tax digital assets at a 30% rate and launch a digital rupee by 2023.

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