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30% Tax on Digital (Crypto) Assets Finance Minister Nirmala Sitharaman has thrown some light into her Union Budget announcement to tax profits from digital assets transactions at 30 percent. Digital assets, which includes the “crypto world”, according to the Finance Minister, are not to be confused with digital currency, which only the central bank can…

Singapore To Shut Crypto ATM Singapore is clamping down on digital assets by restricting how they are promoted across the nation. The Monetary Authority of Singapore issued a guideline on Monday on how service providers should market their digital assets in public. Among the provision is the banning of the cryptocurrency ATM, embraced by enthusiasts…

Rio Treasury to have 1% Crypto The Mayor of Brazil’s Rio de Janeiro Mr. Eduardo Paes has revealed that it might start holding crypto in its treasury. According to the newspaper O Globo, Mayor Eduardo Paes made the announcement during an event also attended by another pro-crypto mayor, Miami’s Francis Suarez. The duo was speaking about…

Watch Video on Binance Ceo Changpeng Zhao (CZ) is richer than Mukesh Ambani Changpeng Zhao (CZ) Richer Than Mukesh Ambani Changpeng Zhao, who runs the crypto exchange Binance, has become one of the richest people on Earth. CZ, net worth is $100 billion, according to the Bloomberg Billionaires Index. It’s the first time Bloomberg has…

New Crypto added for OKX user Great news for OKEx users as the exchange has added a few new cryptos into its training list. Global cryptocurrency exchange, OKEx, has listed more coins like Shiba Inu (SHIB), Dogecoin (DOGE), Baby doge (BABYDOGE), Kishu inu (KISHU), Axie infinity (AXS), gala (GALA), and Dogelon mars (ELON) under its…

Facebook spends Millions Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing.  Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key LLC, a Delaware limited liability company.  “Beige Key is affiliated with…

Melania Trump to launch NFT Melania Trump is pleased to announce the Melania Trump non-fungible token (NFT) platform, which will release the NFTs in regular intervals exclusively on MelaniaTrump.com. The first entitled “Melania’s vision “will be available to purchase for a limited period between December 16 and December 31, 2021. “Melania’s vision” is breathtaking watercolor…

Watch Video on this Post Elon Musk the Chief of Tesla Inc. said on Tuesday that the carmaker(electric) will accept dogecoin as payment for merchandise on a test basis, sending the meme-based cryptocurrency up over 20%. Elon Musk Tweet About Tesla “Tesla will make some merch buyable with Doge and see how it goes,” Musk…

PM Modi on Crypto PM Modi on Friday said that emerging technologies such as cryptocurrencies should be used to empower democracies, and not undermine them. According to reports, PM Modi will take the final decision on the regulatory framework for cryptocurrencies, amid conflicting views, as policymakers remain adamant that unregulated transactions in digital currencies could…

The Indian government will probably give crypto holders a deadline to declare their assets and meet any new rules, Bloomberg reported citing people familiar with the matter. The Indian government is all set to introduce a ‘well consulted’ cryptocurrency Bill that seeks to regulate cryptocurrencies rather than an outright ban that may affect millions of crypto holders….

Cryptocurrency Bill 2021  The Cryptocurrency Bill and Regulation of Official Digital Currency Bill 2021 was not introduced in Parliament on Monday (November 29th, 2021). The bill is also not likely to be introduced today (November 30) as it is not on the ‘Revised List of Business’ of Lok Sabha today.  Government’s view on Cryptocurrency Bill…

watch Videon this post below Will India impose a ban on cryptocurrency? Will trading in crypto be legal even if the country bans cryptocurrency? What kind of ban will India come up with, if at all? These are some of the questions that crypto investors and others who are interested in the industry have been…

Craig Wright, Asked To Pay $100 Million Jurors in Miami federal court took about a week to reach Monday’s verdict, following about three weeks of trial. The jury rejected most claims against Craig Wright and the outcome probably won’t resolve the debate over whether Wright is the mythical creator of the peer-to-peer currency, Satoshi Nakamoto….

Bitcoin Price in the cryptocurrency market Bitcoin prices fell drastically on Saturday, December 4, amid Christmas risk-off taking a cue from the global stock market, which remained volatile for the same reason. The global cryptocurrency market on the day logged a sharp decline in its number as more investors sold off stock to settle for…

Vignesh Sundaresan NFT collector Vignesh Sundaresan, also known as MetaKovan, spent $69.3 million on a Beeple non-fungible token earlier this year, but he’s not very possessive about it. The beauty of an NFT is that everyone gets to enjoy it, the Indian cryptocurrency entrepreneur and investor said in an interview with Bloomberg News. In fact,…

Ethereum Burning One of the main things fueling the ultimate Bullrun is Ethereum burning, a mechanism that takes a large portion of ETH coins out of circulation and creates conditions in which the asset becomes deflationary. For now, thanks to the Ethereum is Burning mechanism presented in the EIP-1559 update, more than 930,000 Ethereum coins have been burned and…