Blockchain & crypto news from India
In what could mar the mood of the cryptocurrency investors in India, the goods and services tax (GST) Council is expected to mull imposing a 28% tax on cryptos. The proposal is anticipated to be tabled in the upcoming GST Council meeting. As per reports the 28% GST will be in addition to the 30%…
Latest regulations are being passed in the United Arab Emirates (UAE), ensuring strict punishments for cryptocurrency scammers targeting investors in the nation. These regulations which will come to effect on January 2, 2022, call for prison time for up to half a decade and penalty up to approximately Rs. 2 crores i.e. AED 1 Million….
As if cracking down of the crypto trade in China wasn’t bad enough news for cryptocurrency investors, now the White House is making an executive order to follow a regulation path, too. Biden administration intends to engage all relevant government entities – from the national security agencies and the financial regulators to the National Science…