Britain declares plans to mint its non-fungible tokens

On Monday, the United Kingdom government declared plans to mint its non-fungible tokens, as part of a push towards emerging as a ‘world leader’ in the crypto world. Rishi Sunak, the Finance Minister asked the Royal Mint – the government-owned firm responsible for minting coins for the U.K. – to create and launch the NFT…

India seeking to tax crypto ecosystem and trades

According to a tweet posted on Monday by ET Now, the Indian government is anticipating taxing crypto trades and ecosystem in the nation. The tax department is in favor of taxing crypto trades and exchanges and the government believes that any task that results in income must pay tax. The development comes in as the…

Government denies any data on active crypto users or exchanges

In a reply to a query asked by former Bihar deputy CM and Rajya Sabha MP Sushil Kumar Modi, Nirmala Sitharaman, the Finance Minister, on July 27 informed the Rajya Sabha that the Indian Government isn’t gathering any information on the cryptocurrency market and has no clue about the count of active crypto exchange platform…