Announcements

Titles VI and VII of the Responsible Financial Innovation Act, which have been introduced by Cynthia Lummis and Sens. Kirsten Gillibrand, would authorize the chartering of unsound, unsafe, and uninsured stablecoin financial institutions. The Lummis-Gillibrand crypto bill ignores important lessons from the last 50 years of financial regulation and could …

Indian Finance Minister, Nirmala Sitharaman finally shed light on the taxation of liabilities of digital assets like cryptocurrency and stated that income from any source of digital assets will be taxed at 30%. This is not it. There are various other regulations that came out under the crypto budget 2022.  …

Singapore, which is the leading economy in Southeast Asia, has long been known for welcoming innovations, specifically in the fintech industry as a fuel to navigate growth. With the adoption of innovation arrives a forward looking innovation of digital currencies and blockchains, that attract startups from across the globe, with …

The latest legislation known as the “Crypto Asset Marketing Framework” was introduced in the Peruvian Congress on December 20, 2021. The draft that was released focused on regulating the digital currency business in the nation. The latest Peru crypto regulation would also define crypto assets and clearly illustrate the duties …

Digital currency is increasing in popularity in India as an investment option and also as a payment means by companies for their services and products. This brings the question of how the Indian crypto tax will work. The Framework Of Indian Crypto Tax While the RBI (Reserve Bank of India) …

With the increasing popularity and acceptance of digital currency, people have started to show interest in knowing the concept more. The search results have increased, debates and discussions on the same have also increased. And so the global cryptocurrency market has started with conferences and summits that aim to reach …

The Cardano digital currency may not get as much popularity as Bitcoin or Ethereum, but among investors, it is still an important token. This crypto recently became the third most valuable cryptocurrency in the world with an upcoming Cardano update known as the Alonzo Hard Fork. Let us have a …

PayPal launches crypto service in the UK. On Monday, the online payment giant asserted that it would allow British users to purchase, hold, and sell cryptocurrencies that will begin from this week. This event marks the first international extension of the crypto product of PayPal which was primarily launched in …

A new bill will allow cryptocurrency payments in Ukraine like Bitcoin, despite refusing to accept digital currency as a legal tender, a government official said.   What Made Cryptocurrency Payments In Ukraine Possible? The deputy minister Oleksandr Bornyakow of the Ministry of Digital Transformation, Ukraine is confident about the fact that …

Anchorage Digital, which is a cryptocurrency custodian, has been chosen by the US Marshal Service to take care of all the digital currency assets that are seized by the Federal Law Enforcement Agencies and the Justice Department.  What Is Anchorage Digital Bank? Anchorage Digital is the most secure and advanced …