30% crypto tax becomes law in India following Finance Bill approval
India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1. Go to Source Powered by WPeMatico
Month: March 2022
UAE-Based Crypto Exchange Bitoasis Obtains Provisional Approval From Dubai’s New Regulator
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto exchange founded and headquartered in Dubai, announced Wednesday that it has received “provisional approval” from Dubai’s … Read more
‘Hold my beer’ — Terra already up $165M from buying Bitcoin as BTC stash nears Tesla
The Luna Foundation Guard is well in the green as Terra co-founder Do Kwon stresses he is not “capable of moving” Bitcoin markets. Go to Source Powered by WPeMatico
Bitcoin just regained a key price trendline after its longest absence since March 2020
The 350-day moving average is the latest bullish signal to return to BTC price action, making Q1 2022 look increasingly outside the trend. Go to Source Powered by WPeMatico
The future of cashback: Companies adopts crypto back rewards for card purchases
Companies started to offer crypto back rewards for credit card transactions, from business expenses to monthly subscription payments. Go to Source Powered by WPeMatico
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use of cryptocurrencies might bring different kinds of risks to the 12% … Read more
Ethereum is like the best and worst parts of New York: Grayscale
“Ethereum is like New York City: it is vast, expensive, and congested in certain areas. However, it also features the richest application ecosystem,” Grayscale wrote. Go to Source Powered by WPeMatico
Blockchain.com’s value rockets to $14B after new funding round: Reports
Blockchain.com has secured a staggering $14 billion valuation after raising an undisclosed amount in funding from global VC firms. Go to Source Powered by WPeMatico
Gumi Cryptos Reveals $110 Million Fund Targeting Early-Stage Blockchain Startups
On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The … Read more
Yield App Passes ‘Proof of Reserves’ Audit to Bolster Safety and Accountability of Deployed Digital Assets
PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted cryptocurrency exchanges in the world. Yield App passed the audit with flying … Read more