Indian Crypto Holders Face Penalty on Undisclosed Gains
In India, cryptocurrency traders may face significant tax penalties due to previously undisclosed profits under new amendments to the tax legislation of this South Asian country.
In India, cryptocurrency traders may face significant tax penalties due to previously undisclosed profits under new amendments to the tax legislation of this South Asian country.
According to Bybit’s chief executive officer, a recent correction in the cryptocurrency market may have caused capital liquidation of up to $10 billion, which is an indicator exceeding previous estimates.
The total market value of stablecoin tokens has been steadily increasing since mid‑2023 and hit a new high, surpassing $200 billion, this January.
Grayscale Investments is launching the Grayscale Dogecoin Trust, boosting institutional adoption among the enhanced interest in memecoins.
Trump Media and Technology Group launches a fintech brand Truth.Fi aligned with the broader DeFi ecosystem through its planned investments in Bitcoin and other digital assets.
In recent years, the Binance cryptocurrency exchange has become the object of intense attention from governments around the world, and the French authorities have initiated another legal challenge.
According to forecasts, the volume of derivatives trading on decentralized exchanges (DEXs) is expected to more than double in the current year.
Crypto exchanges OKX and Crypto.com have received full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA).
On Monday, January 27, bitcoin dropped below $100,000, thus falling to its lowest level in the last 11 days.
The market capitalization of the Solana token carrying DeepSeek, the Chinese star of the artificial intelligence industry, which is currently being actively discussed in the global information space as a groundbreaking product in the AI area, briefly rose to $48 million.
Bitpanda has obtained its MiCA license from BaFin, Germany’s leading financial regulatory authority, to offer regulated services to 450 million EU citizens.
The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.
CoinList and AngelList jointly introduce Crypto Special Purpose Vehicles (SPVs) and Crypto Roll-Up Vehicles (RUVs) to streamline fundraising and investment management for crypto startups.
Binance chief executive officer Richard Teng, during a conversation with media representatives at the World Economic Forum in Davos, Switzerland, said that in the current year, the crypto market will reach a new historic high amid positive regulatory changes in the United States after the inauguration of Donald Trump.
Bank of America chief executive officer Brian Moynihan said on Tuesday, January 21, that the United States banking industry will embrace cryptocurrencies for payments if regulators allow appropriate action.
In recent years, Brazil has emerged as a vibrant hub for cryptocurrency enthusiasts and investors. As digital currencies like Bitcoin, Ethereum, and others gain traction, understanding the tax implications becomes crucial for both individual investors and businesses operating in the crypto space. This comprehensive guide delves into the intricacies of crypto taxes in Brazil, offering […]
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