India’s parliament passed on Thursday a tax reform law that includes a 30% tax on capital gains from bitcoin and cryptocurrencies. The new guidelines will take effect next Friday (April 1), according to a Coindesk publication. In addition to the capital gains tax, Indians who
The Advertising Standards Council of India (or ASCI) has published a guidance covering cryptocurrency advertising after finding that several advertisements “did not adequately report” the risks associated with cryptocurrencies. “In order to protect the interest of consumers and ensure that advertisements do not mislead or
The government of India has been undecided about regulating or banning Bitcoin (BTC) and other cryptocurrencies. But now, new information suggests that the South Asian country will finally allow BTC as an asset, like gold and bonds. However, on the other hand, the Indian government
The Indian government plans to propose a law to criminalize the entire cryptocurrency industry in the country, according to a senior Indian government official who spoke to Reuters anonymously in a publication on Sunday (14). According to him, who said he had direct knowledge of
Through his social network, Jack Dorsey, the twitter Founder and CEO announced yesterday that he will donate, along with Jay Z, 500 bitcoins, approximately equivalent to $24 million, to a fund called Btrust, which will finance the development of bitcoin, initially focused on Africa and